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"Fed policy is shifting into a higher gear to try to help support the economy which looks like it is in free fall at the moment," Chris Rupkey, chief financial economist at MUFG Union Bank, said in a research note.

"Different from the previous two consumption upgrades, the third one focuses on service consumption growth, which is much faster than the commodities unit," he said.

"European and Asian countries are more connected, especially through infrastructure, transport and energy linkages, and the AIIB can bring them together with trade agreements. We have been talking a lot about how to connect Europe with Asia and how to collaborate between European and Asian countries," said the vice-president.

"Economic growth may be sustained, albeit at a slower pace, due to the high-base effect. We'll also continue to monitor external uncertainties, including the growing protectionist tide that will hit trade activities, and global monetary tightening which may curb private investment," said Carie Li, an economist at OCBC Wing Hang Bank — a subsidiary of Singapore-based OCBC Bank.

"Designers have to understand the essence of Disney's stories to better mix the characters with products," said Au-Yeung, creative vice-president of Disney in China.