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Analysts optimistic on China's appeal to foreign investors, improved policies

And in the towns, the fighting was street-to-street and house-to-house.

Andrea Pozzolini, CEO of Rhea Vendors Group, which manufactures customized vending machines in Europe, said the Chinese market is strategically important for the company, which has just taken part in the third China International Import Expo, or CIIE, in Shanghai, marking its debut at the event.

Analysts said such cooperation is in line with Huawei's overall strategy to build a smart internet of things ecosystem. HarmonyOS is built as a system for IoT — not just for smartphones. The wider use of the system in third-party companies showcases its popularity, analysts added.

And, in typical Ellison style, the tech pioneer is not mincing words about the top dog in cloud computing, declaring that Amazon’s “lead is over” and that they are about to get some “serious competition going forward,” according to a recap by ZDNet?and USA Today of Ellison’s talk Sunday during a keynote address at the OpenWorld conference in San Francisco.