On Monday, Shui On said that China Xintiandi has submitted an application to list in Hong Kong with the stock exchange, and funds raised will go toward expansion.

WSJ: Shui On Land's China Xintiandi Plans $1 Billion Hong Kong IPO

With the new store, which allows users to download free applications or pay for software, Amazon becomes the first major U.S. company to offer a for-pay Android application store in China.

WSJ: Amazon Adds China Apps Store

Finally, we need to beef up U.S. embassy personnel in visa countries such as China and Brazil to cut the 100-day waiting time and multi-hour visa application lines.

FORBES: Destination: USA