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Analysts say the reason for the decline reflects a tightening of restrictions by the central government on outbound investment to prevent big conglomerates overextending themselves.

An online service platform has been launched for toilets in tourist areas, allowing users to quickly find the nearest toilet and be informed of the queue length.

Analysts are also speculating whether China would retaliate by dumping US Treasury bonds as a countermeasure, which was seen as a "nuclear bomb" in the financial markets.

Analysts noted leading Chinese online English language education companies are scrambling for cooperation deals with world-leading publishers, as it takes a lot of time and money to develop teaching materials from scratch.

An said that since last May, the number of travellers from the mainland to Taiwan had dramatically decreased over concerns of safety, after a series of accidents involving tourists.