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Analysts said the latest reports helped to ease market concerns for global oversupply.

And some 200,000 mom-and-pop stores powered by Alibaba's Ling Shou Tong store management system will provide online sales promotions and augmented reality-based red packets that offer discounts at 3,000 "Tmall Corner Stores."

And, starting May 1, foreign companies will be allowed to apply for licenses to conduct oil and gas exploration and production. Last year, the Chinese government implemented a "negative list" system that allows foreign investment in any sector not explicitly prohibited. And, the new foreign investment law allows 100 percent foreign ownership in most areas and treats foreign firms as legally the same as domestic firms.

And as ironic and interesting as it would be to have Amazon impact both my home in Seattle and my hometown of Rochester, I can’t picture Duffy and the city’s swing being anything but a miss. There are far too many other possible locations with more people, infrastructure, transit and other checks in the boxes Amazon is seeking.

Analysts said the infrastructure, a critical segment of the Northern Corridor project linking the port of Mombasa with the Great Lakes Region's landlocked states, shows Kenya's determination to be an infrastructure hub. That would help strengthen the regional investment environment since it would significantly lower the cost of production and improve access to markets, they said.