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Amazon’s soaring share price has pushed CEO Jeff Bezos’ net worth to more than 1 billion, a new record that pushes his financial wealth back above its levels prior to his divorce settlement last year, according to the Bloomberg Billionaires Index.

Amid worries about inflation pressure caused by African swine fever and tariff tensions with the United States, there are no major concerns for significant inflation pressure in the coming months, pointing to mild inflation toward the end of this year, according to analysts and officials.

American small and medium-sized businesses such as retailers of cosmetics, apparel, maternal and baby products, and health supplements and even farmers are cashing in on the huge purchasing power of China's vast and fast-growing middle class through e-commerce while creating jobs for the Americans.

Among 53 listed central State firms that have so far filed annual reports with the Shanghai and Shenzhen stock exchanges, 43 firms, or more than 80 percent, witnessed surging profits last year.

Amazon’s approach to physical stores is less about shoring up gaps than building a better mouse trap. Amazon thinks it can build a better bookstore based on data.