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But the bill, if passed, will not create large cash flows out of China and into the US, said Liu Shangxi, head of the Chinese Academy of Fiscal Sciences. Many more factors other than the tax rate shape the overall US business environment.

But this year, the town of Boao, on the island's eastern coast, will greet participants with a totally new look and offer a fresh experience.

But this constraint should weaken gradually, according to Lynda Zhou, equity portfolio manager at Fidelity International. Near-term performance may still be volatile, but STAR's market-oriented mechanisms will help prices to better reflect fundamentals gradually, Zhou said.

By comparison, the number of working-age people is set to fall to 700 million－a decline of nearly a quarter.

But taking on a role in the prescription drug world is a whole different kettle of fish. Amazon would be entering a deeply entrenched market with well-established competition and a thick tangle of regulatory challenges.