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Cities regularly grant tax breaks to companies as part of their economic development strategies but the news out of Boston comes at a time when government incentives and Amazon are under a microscope. Amazon’s extraordinary search for a second headquarters and public request for incentives from contending cities have been heavily scrutinized.
Chinese stocks plummeted on Monday, the first trading day after week-long National Day holiday, with the benchmark Shanghai Composite Index down 3.72 percent, closing at 2,716.51 points.
Chow said: "We are seeing an abundance of IPOs in Hong Kong this year. Looking ahead, there is an expectation for TMT IPOs in Hong Kong to reach a peak in the second half of the year. Meanwhile, Sino-US trade frictions could fuel uncertainties in the IPO issuance and valuation of TMT companies."
Chu Yin, an associate professor at the University of International Relations in Beijing, believes people are misjudging China’s intentions.
Chongqing-based Changan Automobile started its overseas businesses in 1991 and its products are now on sale in more than 50 countries.
来源：资阳报