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Analysts say higher US inflation and interest rates have made holding US treasuries more expensive, reducing overseas demand for US treasuries in recent months.

Analysts said the new natural gas pipeline would further diversify China's sources of gas imports and followed the China-Russia crude oil pipeline, the China-Kazakhstan oil pipeline as well as the China-Myanmar crude oil pipeline, which started operations on Monday.

Andrew Karolyi, a professor of finance at Cornell University, said investors will welcome the action largely because it appears to be tied to an impending agreement set to normalize trade relations between the two major economies.

And the growing wealth divide is a phenomenon that some in the one-percenter class are pointing out with more regularity. Seattle venture capitalist Nick Hanauer, one of the earliest investors in Amazon and the co-founder of aQuantive, has discussed the issue at length over the years.

An overview of Amazon SageMaker, a hosted service for developing machine-learning models. (AWS Image)