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Ang Tshering Sherpa, the former head of the Nepal Mountaineering Association, said China recently backed down on its height claim and decided to recognize Nepali measurement of 8,848 meters, New York Times reported on Feb 3.

And, President Xi announced that China will strengthen intellectual property rights protection in his April speech to the second Belt and Road Forum for International Cooperation.

And here’s the kicker that explains the financial gamble Netflix is taking, and how it expects the bet to pay off: “In Q4, we expect domestic net additions to return to a pattern of year-over-year growth while revenue?will reflect a full quarter’s impact of the pricing changes, which could result in Q4 being our first billion?dollar global revenue quarter, driven by strong U.S. performance.”

Andy Liu is a Seattle angel investor, entrepreneur and the CEO of?BuddyTV. ?Read his blog,?Inspired Startup,?here?and follow him on Twitter @aceliu.?

Analysts said this bodes well for Shenzhen's homegrown companies. These technology giants can further expand and bring innovation to Southeast Asia. Companies in the region can tap Shenzhen as a base to explore the larger Chinese market.