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Analysts said the surge shows investors are optimistic about the company's potential, although Nio still faces many challenges in the cutthroat new energy vehicle market, especially after its IPO last month.

Andrey Denisov, Russia's ambassador to China, lauded the efforts by the Beijing government to achieve sustainable and ecological development, citing improved infrastructure and air quality.

And since Trump has repeatedly said he is in "no rush" and appears content with the status quo, analysts said it's time for more international facilitators to step in.

An uncompleted affordable housing project in Qingdao, Shandong province. [Photo/qingdaonews.com]

And speaking of this potential rivalry, GigaOm’s Om Malik has a great piece on how Google is not only taking on Amazon in several areas, but nearly every other tech giant. Check out his piece —?Google vs everyone: an epic war on many fronts — here.