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And starting this month, Chinese visitors will be able to buy goods with the mobile payment platform WeChat Pay.

And by holding the event, Beijing has once again demonstrated its firm belief in free trade and an open global economy, as well as its rock-solid determination to further open up its market to the wider world.

Analysts were expecting AWS to record .71 billion in revenue, slightly higher than the actual number, according to CNBC. Investors were not happy with Amazon’s report, sending its stock down 6 percent in after-hours trading, although that momentum seemed centered around weaker-than-expected guidance for the retail giant going into the holiday quarter.

Andrew Niikondo, deputy vice-chancellor of the Namibian University of Science and Technology, says many African countries stand to benefit immensely from having more students learning Chinese.

Analysts said the impasse is likely to linger, though both sides have agreed to continue talking.