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Bezos said the types of people Amazon employs and tries to recruit?“appreciate the energy and and dynamism of an urban environment.”?It’s also better for the city of Seattle and the planet, he said.

Besides, opportunities require innovation, he said.

Big Tech or big technology companies are already dominating the micropayment market in the country and enjoy an undue monopoly in terms of data resources. There are also chances that some of their financial businesses may trigger new types of risks", said Guo Shuqing, Party secretary of the People's Bank of China, the central bank, in a speech via video link to the Singapore FinTech Festival.

Besides, closer ties with China and its Belt and Road Initiative could indirectly benefit Latin America, he said.

Being the largest crude and gas importer worldwide, China imported 440 million metric tons of crude oil in 2018, up 11 percent year-on-year leading to a foreign oil dependence ratio of 69.8 percent, according to China National Petroleum Corp's Economics and Technology Research Institute.