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Commentary: More than a year ago, when Amazon announced its intention to create a second headquarters somewhere in North America — equal in size and function and headcount to what it has in its Seattle hometown — I warned the salivating would-be suitors to be careful what they wished for.

Companies have yet to make major breakthrough in domestic sales

Commenting on the policies of the US Federal Reserve, Blankfein said that the Fed may raise the interest rates in June but it was unlikely to accelerate the rate-hike process until the year end as growth has been moderate and there has not been much inflation pressure in the US.

Concurred with Chia, she said, the Belt and Road Initiative will promote wide use of the Renminbi and increase other local currency-denominated funding, as the Chinese government has committed to help fund overseas businesses under the initiative.

Confection is a big industry in the United States, creating jobs for around 55,000 workers in more than 1,000 manufacturing facilities across the country.