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Among the manufacturing cost, Chinese companies only make the battery, Bluetooth and WiFi components, which together cost less than . More expensive components of the iPhone such as the display and processor are made in South Korea, Japan and Taiwan, and China has to import those parts from the above countries and regions to assembly them into an iPhone.

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.

Amid solid efforts to bolster the economy, the country's major steelmakers saw their sales revenue grow 5.44 percent year-on-year to stand at 3.39 trillion yuan (4 billion) in the first nine months.

Amazon’s other food-related businesses include Whole Foods grocery delivery; AmazonFresh; and AmazonFresh Pickup. The company surprisingly shut down its restaurant delivery business last month. It entered the brick-and-mortar retail space in 2015, two decades after the e-commerce behemoth originally launched.

Amazon’s global real estate footprint — which includes all the offices, stores, data centers and warehouses it owns and leases around the globe — was 333.8 million square feet at the end of the year. In 2019, Amazon added 45 million square feet to its real estate portfolio, an increase of 16 percent over the prior year. Amazon’s network of warehouses and data centers in North America and its international office footprint were the biggest drivers, growing more than 20 percent each in 2019.