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Ambassador talks trade at Penn Wharton China Summit

Among the five, WeBank and MYbank are the two largest by total assets. While MYbank primarily targets small and micro corporate clients, WeBank, China's first digital bank without any physical branch, is more committed to serving individual clients by using big data analytics to offer personal banking products such as character loans, which refer to a type of unsecured loan made by faith in the borrower's reputation and credit.

Amazon’s take on the microwave. (GeekWire Photo / Nat Levy)

Ambassador Deng said the agreement is the most ambitious free trade agreement initiated by ASEAN. Over the past eight years, ASEAN has maintained its role as a leader, actively pushed forward the negotiation process.

Amazon’s reasons for inking a?deal with the NFL certainly differ from Twitter, which made its stream available for free to users around the world. As Recode noted, Twitter now finds itself in a tough position without the NFL deal given its aim to be a digital TV service.