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Analysts suggested more property companies are likely to join the promotion.

Andrew Mackenzie, CEO of Australia's largest mining company BHP Group plc, also recognized that China has achieved astonishing results in gaining mutual benefits and creating a win-win situation in its BRI-related activities, which has contributed greatly to eliminating poverty and creating jobs.

And that innate ability has come in handy with the novel coronavirus outbreak forcing many indoors to avoid infection. During this period, digital tools have helped businesses normalize operations without employees incurring the risk of cross-infections.

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.

Analysts said this is probably because most of the models in the segment are high-end and many carmakers have spent more time on sedans than on SUVs which became a hit only several years ago.