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But Amazon’s HQ2 contest is unprecedented in many ways. Amazon announced the project publicly and it has become a media spectacle; the company is offering to bring 50,000 high-paying jobs and billion in investment to the city that wins. In addition, Amazon is publicly requesting government incentives from the contenders.

Brad Rippey, a meteorologist for the U.S. Agriculture Department, said Michael severely damaged cotton, timber, pecan and peanut crops, causing estimated liabilities as high as .9 billion and affecting up to 3.7 million crop acres (1.5 million hectares).

But Amazon — which hopes to recoup its loss on the Kindle Fire hardware in part by getting movie-watchers to pay for Amazon Prime subscriptions — hasn’t exactly been shouting about the upcoming availability of Netflix on the device.

Business executives attribute the upbeat prospects in China to a thriving digital landscape, strong on-the-ground demand for innovation as well as government efforts to cut red tape and encourage technological breakthroughs.

Brian Kenner speaks with Amazon CEO Jeff Bezos. (Twitter Photo)