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Among others, it plans to introduce at least two new models a year and to produce sedans within three years.

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 record revenue growth came at the expense of profits. Over the company’s lifetime, its net income has lagged far behind Apple, Microsoft and others. Only in the past year has the company started to regularly post quarterly net income in excess of billion.

Among all the actions taken by China to back up its commitment to multilateralism, Kuhn cited the Belt and Road Initiative (BRI) as a fine example, adding that China's expertise and experience in infrastructure construction is what the developing world needs to spur their economies.

American Dream has a massive NHL-size professional ice rink, roller coaster and rides, along with a 160-foot indoor ski hill, ranked as the largest in the Western Hemisphere.