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Another possible factor: “Amazon is a conservative buyer,” Burgess said. “They think long term and they don’t get seduced by high-flying valuations.? For example, there was good business logic for them to acquire Twilio and add CPaaS (Communications Platform as a Service) as a feature set to AWS — but the IPO went out at over 16x revenue and if we see an acquisition by Amazon, it will most likely happen when that valuation falls back to earth. Even with the down rounds and the fallen unicorns, valuations are high — often out of range for a conservative acquirer like Amazon.”

Apart from the fiscal side, the financial sector has also stepped up support to the real economy. By Wednesday, banks in Shanghai have offered up to 90 loans valued at 1.31 billion yuan to 48 key companies, with the weighted average interest rate coming in at 2.35 percent, said Li Jun, deputy director of the Shanghai financial services office.

Apart from easing the regional traffic situation, the light rail project will also create new jobs for Egypt and promote the local construction industry, Han was quoted as saying by China Radio International.

Another woman, her body wrapped with a US national flag, held a sign stating "Climate Patriot."

Apart from contacting Hong Kong compatriots on board, officials have also requested the Japanese authorities to protect their legitimate rights, proactively resolving their difficulties such as assess to daily medicine, and visiting infected patients, Song said.