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Amazon’s growing pains

American states continue to value trade relations with China, despite ongoing tensions on the international level. And they hope tensions will get resolved through negotiations.

Among major latest foreign-invested projects in Guangdong, the billion smart Verbund petrochemical project in Zhanjiang funded by German chemical giant BASF started its construction last month. It is the first large petrochemical project solely owned by a foreign investor in China.

Amid the enthusiasm shown by the government and domestic technology companies for research and development of artificial intelligence, global technology giant Google announced on Tuesday the opening of its AI center in China.

Amazon’s future growth was perhaps the biggest story swirling around the company in the quarter. After selecting New York as one of two sites for major expansion in the HQ2 process, Amazon abruptly pulled out January. About a month later, the company confirmed plans to back out of a massive office tower in downtown Seattle and sublet the space to someone else. That was followed by rapid expansion in nearby Bellevue, including news that the company would move the key worldwide operations teams there.