I don't think any one who has heard of honor 8 lite will bypass it and buy this low end 720p phone.
The 2017 version of the Huawei P8 Lite is 220 Euros instead of 200 Euros, but is better especially the India version with its 64GB/4GB RAM memory, FHD 5.2" screen and faster CPU/GPU.
Huawei you announced that there will be no low end phones coming from you because the profit on it is low and you don't get greater number of buyers for them. Yes that is true, your high end phones sales are much higher followed by your mid range phones. Your low end phones are always expensive comparing them with Xiaomi and others. 720p phones that have price tag of about $250 is very expensive. May be this will be the last low end phone from you.
I think Super Street Fighter II Turbo Hyper Fighting Tournament Edition says it all.
That's not new. This device is on sale in Romania for 3 months https://www.emag.ro/telefon-mobil-huawei-p9-lite-2017-dual-sim-16gb-4g-black-p9-lite-2017-black/pd/D2NW57BBM/... Here is the link...
After this, they will have the Huawei P9 Lite Mini Compact.