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Amirah Kaca Sumarto, vice-chair of the young leaders' sisterhood of Indonesia's Golkar Party, said that China has managed to formulate its own system that suits its history, culture and people, and it has proved to be effective. "China is a different kind of role model compared with Western countries."

Amazon’s sustainability chief defended the company’s partnerships with fossil fuel companies Thursday during an Axios virtual event with Washington Gov. Jay Inslee.

Among the newly established firms, 522 are foreign-funded, accounting for more than one-third of the foreign-funded firms set up in Sichuan since April 2017, according to data from the provincial government. Prominent among them is Allergan, a US-based pharmaceutical company which has set up an innovation center in the FTZ.

Amazon’s overall shipping costs have ballooned in recent years as the company aims to speed up delivery, both with products purchased on Amazon.com and via Prime Now, such as Whole Foods orders. During Q3, Amazon spent a whopping .6 billion globally on shipping, up 46 percent year-over-year, and 7 million more than what the company spent in the 2018 holiday quarter.

Amazon’s big retail push positions the company to better compete with the sizeable brick-and-mortar footprints of Walmart, Target, Kroger, and others. Those companies have consistently responded to Amazon’s digital pushes around online grocery ordering and delivery.