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Analysts, though, cautioned about the risks to the above forecasts, such as a possible lingering of the global pandemic, weaker-than-expected economic recovery and an outflow of foreign capital upon central banks' future exits from aggressive monetary easing.

Anhui Province has activated the highest-level emergency response for flood control due to the grim situation.

Analysts and industry insiders believed that market optimism across the board on potential progress to be made in China-US trade relations, as well as the long-term resilience of the Chinese economy, has fueled the yuan's rally to pick up steam during the week.

And thus all three companies can brag about things that only they can achieve. What Cook is arguing, and which I would say last week’s WWDC exemplified more so than at any point since the original iPhone in 2007, is that there are more advantages to Apple’s approach.”

An said the one-China principle is a universal consensus shared by the international community.