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And the customer is going to be the child, this is so important because that is the secret sauce of Amazon. There several principles at Amazon, but the number one thing that has made us successful — by far — is obsessive compulsive focus on the customer, as opposed to obsession over the competitor. And I talked so often to other CEOs, some other CEOs, and also founders and entrepreneurs, and I can tell that even though they’re talking about customers, they’re really focusing on competitors and it is a huge advantage to any company if you can stay focused on your customer instead of your competitor.

An outlet of toy retailer Toys R Us in Shanghai.[Provided to China Daily]

Analysts believe China's determination to move away from coal and other fossil fuels to address air pollution will be a long-term positive for the natural gas sector.

Anbang purchased New York's famed Waldorf Astoria Hotel in 2014. It also bought the Belgian banking operations of Dutch insurer Delta Lloyd NV, Belgian insurer Fidea Assurance and Dutch insurance company VIVAT.

And Quanjude isn't opening just anywhere in Bordeaux, but at the renowned 42–44 Allée de Tourny, the address that formerly housed the legendary restaurant Dubern, founded in 1894 and a long-time favourite of the Bordelais. Bordeaux chef Olivier Peyronnet will cook with chef Feng Xu from Quanjude in Beijing and another Franco-Chinese staff member in the new establishment.