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By contrast, Amazon.com has had some success buying companies with very different corporate cultures, successfully integrating them by allowing them to do their own thing. The best example of that is Zappos, the online shoe retailer whose open culture runs counter to Amazon.com’s stiff and sealed-off approach.

By the end of 2017, the AIIB's total investment in projects and funds reached .22 billion, up from .69 billion in 2016. Its total assets increased to .97 billion, a year-on-year growth of 6.62 percent, according to its annual report.

CHANGCHUN - Discounts are visible everywhere at the ongoing China Changchun International Automobile Expo in Jilin province, as competing auto firms scramble to make sales.

CEO Robert Xiao said, "The Belt and Road Initiative is bringing opportunities not only for infrastructure companies but for internet content firms like us. With the rising presence of China in the global stage, it is easier for Chinese players to accelerate overseas expansion."

CARACAS－Venezuelan President Nicolas Maduro on Monday said he would visit Iran shortly to sign cooperation agreements in energy and other sectors, after Iran sent five fuel tankers to the gasoline-starved South American country.