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Analysts said the price increase of Chinese beer reflected upgraded consumption in the world's second-largest economy, as increasingly affluent consumers are less sensitive to prices but crave more high-end packaging and brands.

And if that’s the case, it’s a hint that Amazon’s ambitions for expanding its traditional grocery store format are bigger than the company has previously let on. The growth of the Amazon Fresh brand comes even as the Seattle-based company continues to integrate its technology into Whole Foods Market, the upscale grocery chain that Amazon acquired for .7 billion three years ago.

And unlike the US which it seems does not want to see any tangible outcome in the negotiations between China and the ASEAN countries on a Code of Conduct for the South China Sea, the EU welcomes the talks and hopes they will produce an effective conclusion.

Andrew Watkins, senior climatologist at Australia's Bureau of Meteorology, said the southern half of Australia has experienced the driest January to August on record.

Andy Edwards, global director of brand and marketing communications of travel booking firm Agoda, also agreed that wealthy Chinese travelers seek adventurous, undiscovered destinations rather than going to common recreational resorts.