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As the initiative is poised to lead to investments into infrastructure projects of trillion along the New Silk Road within the next 15 years, "this masterplan is an opportunity for Arab sovereign wealth funds to invest in the new epicenter of the global economy," Saidi said.

As the over-subscription represents 20 times or more of the total number of offer shares initially available under the Hong Kong public offering, the reallocation procedure in the prospectus has been applied and 37.5 million offer shares have been reallocated from the international offering to the Hong Kong public offering, it noted.

As with any unconfirmed report, the WSJ cautioned that Amazon could always indefinitely delay the project or alter it due to financial constraints.

As the World Economic Forum's annual meeting approaches, China hopes to send a message that the nation will further promote free trade and investment and promote globalization, according to a senior official with the nation's top economic regulator.

As the world's second-largest economy has an unsynchronized economic cycle with developed economies and is gradually recovering from the epidemic, it may help the global economy gain footing, Dong said.