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Amazon’s rise over the past few years has been absolutely fascinating to watch. The company is now being discussed along the lines of Apple and Google and Microsoft in terms of its new-found power in the tech industry. Its market value keeps growing and growing.

American expat Richard Sears, 70, holds one of the cards from

Amazon’s announcement comes exactly one year after the conclusion of a heated battle between the company and the Seattle City Council over a tax designed to address the city’s homelessness crisis.

Amid the complex and severe world economic situation, China must opt for a smooth functioning of the economic cycles of both the domestic and global markets based on the healthy performance of the domestic economy or a "dual circulation" development pattern that comprises the optimum exploitation of domestic market resources, and exchanges between the domestic and international markets, said Li Yiping, a professor at the School of Economics under the Renmin University of China in Beijing.

Amid a wider nationwide push to reduce taxes and charges, there are targeted measures designed to support SMEs by lightening their financial burden.