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Analysts at Barclays believe the market for plant-based meat substitutes could grow by 1,000 percent in the next 10 years to 0 billion in annual sales. The nascent plant-based fish sector could be a follow-on to Beyond Meat's successful IPO that in May rose 163 percent from the offering price of a share on the first day of trading and recently fetched 1.39, down from an early high of 9.71.

Analysts said as soon as there are new and reasonable choices, it is inevitable that some of CATL's current customers will start to do business with other battery makers as well to prevent putting all their eggs in one basket.

Analysts said the move marks the strong confidence the new energy vehicle maker has in the China market as well as China's commitment to further opening-up.

Andrew Karolyi, a finance professor at Cornell University, said Trump's action appears to conflict with the 1988 Omnibus Foreign Trade and Competitiveness Act.

Anbang had been one of China's most aggressive overseas buyers before authorities began to curb risky outbound acquisitions. It also has equity investment in many listed Chinese firms.