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But, being a good storyteller in China essentially helps him win over the day. "There's still a wall of worry among overseas investors partly because many of them had never looked into the market before. The ubiquitous negative news about China has exacerbated their nervousness. To tell a story about the new China in a succinct, clear and vivid fashion helps to break down the wall."

But things might not be as rosy as they seem. Facebook’s lackluster performance in the public markets is giving some pause. And?Y Combinator founder Paul Graham wrote a letter to entrepreneurs Monday suggesting that things are going to get worse for early-stage startups trying to raise money.

By 2022, every city at the prefecture level and above should have at least one district where all household garbage is classified, and by 2025 they should have their own household garbage sorting and disposal systems.

But there have been rumblings ever since that Amazon wasn’t ready to give up on smartphones. Reports dating back to the beginning of 2016 indicated that Amazon was working to build relationships with Android phone makers, possibly for a future Android-based device.

By comparison, San Francisco-based Airbnb has about 55,000 listings in Japan, its most popular destination in the Asia-Pacific region. Airbnb doesn't own the properties.