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California also is home to some key players in the electric bus industry, such as Chinese automaker BYD and Proterra, a startup that recently secured a 5 million investment.

CIRC will speed up approvals for financing PPP projects related to programs such as the Belt and Road Initiative, development of the Beijing-Tianjin-Hebei region, the Yangtze River economic belt and the Xiongan New Area, and poverty-alleviation projects.

Caixin magazine later reported that Guo managed to secure a loan of 3.2 billion yuan in 2010 with the help of Xiang, who was chairman of the Agricultural Bank of China at the time.

CNBC notes that Amazon Business reported billion in revenue in 2016, a year after it launched in the U.S.,?as a replacement for a service started in 2012 called Amazon Supply. The company hit the billion milestone in less than four years, faster even than the company’s profit machine Amazon Web Services, which took a decade to hit that mark.

CNBC business channel warned that a decision by the biggest US companies to order staff back to work would be fraught with risk without widespread COVID-19 testing.