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And if you’re a retail, commerce, or logistics startup with plans for an empire of your own, why would you consider giving your hard-earned venture capital to a company that’s inclined to stomp on your neck the minute you prove you have a viable business? There are lots of companies that compete with their suppliers, such as Apple, which spends millions with Samsung on memory chips and displays, but that’s mainly because phone makers don’t have an easily available alternative for those products. Cloud customers do; as noted above, moving between cloud providers isn’t trivial, but some of the most promising cloud technologies under development right now, such as containers, Kubernetes, and serverless technologies, are being designed to make that process much easier.

Analysts said a new trend in Chinese companies' going global was that more SMEs were attracted to overseas markets.

And the country aims at development of the tourism industry in a responsible and sustainable way.

Analysts surveyed by Thomson Reuters?had predicted?quarterly?net sales of .55 billion, up 27 percent, and earnings?of .11 per share. Amazon itself had forecast second-quarter net sales between billion and .5 billion and operating income of between 5 million and 5 million. The company’s big Prime Day sale took place after the quarter ended, so?those numbers weren’t?included in the latest results.

Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development, said in a news conference after the Fifth "1+6" Roundtable China is expected to be the only major economy that will achieve positive growth in 2020, while global GDP will decline by over 4 percent this year, the largest annual fall in output since World War II。