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An online customer-service staff member deals with trip cancelations at Ctrip during the Spring Festival holiday. [Photo provided to China Daily]

And while Amazon Web Services is the industry leader today — posting a whopping 1 million in operating income on revenue of .8 billion last quarter — Meeks seems to like the opportunity in front of Microsoft (at least in terms of potential upside for the stock).

Analysts said the data show the pressure on industrial companies, but China’s consistent push for high-quality growth will help enterprises better deal with slowdowns in sales and their debt-asset ratios are likely to continue dropping.

Analysts said multiple factors could limit government plans to boost economic growth, such as if there are difficulties aggressively lifting the fiscal deficit.

Analysts therefore do not expect the European Aviation Safety Agency, the FAA's counterpart, to rubber-stamp the findings of federal regulators. That could delay return of MAX jets to service until fall.