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Ambassador Cui reiterated China's position on the economic and trade differences between the two countries in a meeting with US Acting Secretary of State John Sullivan at the State Department.

Amazon’s surging stock helped the tech giant pass its local rival Microsoft in market cap for the first time last week to become the third most valuable public company in the U.S. by that measure. Today, Amazon’s market cap is 6.1 billion versus 4.2 billion for Microsoft.

Amazon’s overall headcount declined by 2,900 people to 563,100 full- and part-time employees in the first quarter, according to new data released by the company as part of its earnings report Thursday.

Among them, 2,075 were Party members and State workers and 60 were on the Interpol Red Notice list of the 100 fugitives most wanted by China, the report said.

Among international retailers, Walmart and Carrefour have begun to see market share recovery on a quarterly basis though they are still closing non-performing stores; they are proactively reformatting their existing stores to be more competitive and appealing to shoppers, according to Kantar Worldpanel China.