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"Domestic considerations limit the room for rate cuts (in China)," JPMorgan Chief China Economist Zhu Haibin told China Daily.

"During the talks the US president expressed gratitude to Afghan President Ghani over his cooperation in releasing two professors of American University of Afghanistan (AUAF) and also praised Afghan security forces in defeating the Islamic State group's fighters in the eastern Nangarhar province," the statement further said.

"Facing the complex and volatile economic and trade environment in both China and overseas countries, we have seen consumer products sector taking the lead in overseas mergers and acquisitions. This is largely due to huge potential of domestic demand in China's consumer market, and the urgent need for stable and sustainable development." Loletta Chow, Global Leader of EY China Overseas Investment Network, said.

"Emojis are developing rapidly in China. More businesses are paying attention to this segment, more artists are creating emojis, and more consumers are buying them. Besides merely using them in their messages, users are falling in love with emojis, and tipping their creators," said Liu.

"Defunding police means defunding police. It does not mean budget tricks or funny math," US Representative Alexandria Ocasio-Cortez, a New York City Democrat, said in a statement Tuesday.