For Amazon, China’s E-Commerce Market Proved Too Much of a Jungle

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For Amazon, China’s E-Commerce Market Proved Too Much of a Jungle
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Amazon is checking out of China’s fierce e-commerce market, marking an end to a long struggle by U.S. tech giants

The company has been in talks to merge its cross-border e-commerce business with a local competitor, NetEase’s Kaola

“Made in China 2025” is Beijing’s industrial plan to dominate high-tech industries including robotics, aerospace and computer chips. The Trump administration argues China is using the plan to give its tech companies unfair advantage over foreign rivals. But what is it exactly?

 

Amazon not doing well in Australia and India as well...

Amazon enjoys a near monopoly in the West. For Capitalism to work, it needs competition. About time this company was broken up and made to pay its fair share of taxes.

The US, can and will play the long game also. Doing what is best for our citizens,markets, economy and Democracy. Great read.

aww, poor amazon couldm't compete. oh well, it still has the US market to monopolize.

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