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Analysts said BMW's move of making cars in China for the international market, which has been rare so far in the country's automotive industry, signals the joint venture's growing importance in the new era featuring trends like electrification.

Analysts believe increasing consensus between the two countries is partly because the energy structure worldwide has been shifting from coal to cleaner alternatives like hydropower and wind power.

An unidentified analyst with a Shanghai broker said since 2014, online education companies have been "hot cakes", valuations of which were pushed higher by investors who just wanted to grab a slice of this sector, but in 2016, investors turned more cautious.

And last, privacy. There need to be mechanisms for the protection of peoples' rights, interests, and personal and private information. AI systems need to disclose how data is being used and allow anyone to readily revoke this right.

Anbang had been one of China's most aggressive buyers of overseas assets, spending more than billion on deals since 2014, according to data from research firm Dealogic. In addition to the Waldorf, it paid Blackstone .5 billion two years ago for Strategic Hotels & Resorts.