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Analysts said as soon as there are new and reasonable choices, it is inevitable that some of CATL's current customers will start to do business with other battery makers as well to prevent putting all their eggs in one basket.

Analysts said political uncertainty has weighed on the financial markets. All three major indexes fell sharply after the news, with the Dow Jones industrial average dropping over 300 points around midday on Friday.

Analysts said PetroChina has been recovering from its not-that-ideal performance the previous year as the rally in oil prices bolstered its exploration and production segement.

And in the short run, at least, Wall Street is taking the company to task for the move, sending its shares down nearly 5 percent in trading today, after?Nordstrom’s earnings yesterday fell short of analysts’ expectations.

And this is just one of four sessions being held at the inaugural 8x8 Brewing Project's Beer Festival taking place in Beijing on Nov 3-4.