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Similarly, while in the past, people could make much more money from working at foreign enterprises than domestic ones, domestic enterprises such as Huawei, Tencent and Alibaba now offer higher salaries to graduates than their foreign counterparts, he added.

Similar to the small European country, Amazon is increasingly operating like a sovereign nation. With its sprawling empire of facilities and robust delivery infrastructure — not to mention growing lobbying efforts and connections to seats of power — Amazon is assuming an impressive position of influence. As the company becomes more entwined in political affairs, its employees are exploring the right to protest authority that denizens before them have exercised throughout history.

Simon also notes how Amazon operates five warehouses in the U.S. and Europe — Amazon now has 70 fulfilment centers in the U.S. alone.

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Similarly, the epidemic of people taking opioids in the US soared out of control in the last decade, but the US government did not take effective action to prevent it－largely because doing so would have threatened the profits of a few pharmaceutical companies.

Short video and online video apps are the biggest time killers for Chinese internet users, accounting for more than 30 percent of total usage time.

Since 1990, horses have been drifting away from plateau life, as most villages are connected to modern road networks these days.

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Similarly, Libra introduced its own "reserve" - a collection of low-volatility assets such as bank deposits and short-term government securities in currencies from stable and reputable central banks. It is not pegged to a single currency. "Anyone with Libra has a high degree of assurance they can convert their digital currency into local fiat currency based on an exchange rate," a white paper said.

Sherry Madera, the City of London's special representative for Asia, told journalists in the British capital on Tuesday that the feasibility study into the Shanghai-London connect will start soon. It could be the first overseas link for China's trillion bond market, following the launch of a flagship connect within China in July, linking Shanghai with the financial hub of Hong Kong.

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Shenzhen-listed Shandong Ruyi said on Friday that it will buy a controlling stake in Bally from its parent JAB Holding Co. JAB will retain a minority stake in the company and the present management team of Bally will retain their positions, it said in a regulatory filing.

Similar to a program on land reserve bonds rolled out in June, the toll road bonds program offers local governments a low-cost financing alternative after the country banned them from borrowing through local government financing vehicles (LGFV), an off-budget financing channel.