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And Chinese fintech giant Ant Financial Services Group, Alibaba's payment affiliate and owner of Alipay, has acquired a stake in Paytm, India's largest mobile wallet operator by user number.

And it's not just an entitlement for the tech-savvy youngsters. In Shanghai, senior citizens quickly filled their carts with veggies, cooking oil and bags of rice priced at up to 50 percent off, and were adept at paying with their phones.

Analysts have attributed this premature listlessness to mounting social pressure China’s millennials face - skyrocketing housing prices, competitive job market, and rising cost of living.

Analysts said Pyongyang's latest missile launches may have a negative impact on prospects for future talks.

Analysts with Nomura also warned that the possible deterioration of external demand and the trade row with the United States could weigh on China's economic recovery.