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Analysts said the uptick pointed to a sound recovery and the resilience of China's industrial economy, and the improvements in both supply and demand are likely to continue driving the sales of industrial companies in the coming months.

And the rest, as they say, is history. Chennault explained his decision to accept the Chinese offer in a letter to his brother. His work there "may amount to very little except a good paying position or it may amount to a great deal." But destiny was calling him. "It is even possible that my 'feeble' efforts may influence history for some few hundreds of years."

An upbeat optimism reverberated throughout the city as residents spoke about Amazon’s consideration of the Steel City for its second headquarters. Most had heard of the Seattle tech giant’s grand HQ2 plan.

Andy Wang, CEO of StarTimes Kenya, said 16,000 households and 2,400 public institutions will benefit from the project.

Analysts said that the reform measures are an example of China's efforts to deepen market-based reform in the financial and banking industry. It is also a response to the top leadership's call for improving the role of the financial industry to better serve the economy and support smaller businesses which is crucial for the country to achieve the goal of ensuring stability in key areas such as employment and people's livelihoods.