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Analysts estimated China saw 6 million tons of packaging waste generated last year and the disposal costs will be more than 9 billion yuan (around .36 billion).

Andrew Broad, a Nationals Member of Parliament (MP) representing the Victorian electorate of Mallee on Thursday night became the first Nationals MP to publicly call for Joyce's resignation, saying Joyce was "not fit" for the role.

Analysts expect Amazon to post earnings per share of .62 on revenue of .8 billion, which would be up 21 percent year-over-year. Amazon stock reached record highs in July but has dipped in the past three months. Shares are still up 15 percent this year, trading at around ,781 on Thursday.

Analysts said that, considering Lexus is not producing cars in China, its current performance is fairly decent.

And the nation’s massive export sector may start to feel a larger impact from tariffs, as Washington imposed 25 percent tariffs on billion of Chinese imports on Friday, drawing rapid retaliatory duties by Beijing on the same amount of U.S. exports to China.