Category: China

Tweet of the Day: Beijing Claims Roman and Greek History

Tweet of the Day: More Tariffs for China?

Amazon Closes Their Chinese Domestic Marketplace

Is China trying to protect local businesses from international competition or does Amazon just suck at selling goods in China as Chinese critics claim?:

 Amazon says it is curtailing business operations in China, the world’s biggest retail market, after struggling against better entrenched local players for more than a decade. 

The company announced recently that as of July 18, it will no longer provide services through its Chinese website, Amazon.cn. The decision means Amazon will stop selling goods from China-based vendors to domestic consumers on the portal. Although it is moving out of the e-retail business in China, Amazon will continue with its cross-border business, bringing foreign brands and goods to China, the company said.

“Their demand for high-quality, authentic goods from around the world continues to grow rapidly, and given our global presence, Amazon is well-positioned to serve them,” the company said.

The announcement has raised questions about the extremely thin presence of foreign companies in internet-related businesses in China, while Chinese companies like Alibaba create market space for themselves across the world.

VOA News

You can read more at the link.

Tweet of the Day: Cancer Center Fires Three Chinese Spies

Tweet of the Day: President Calls China an “Enemy”

Tweet of the Day: Wrong Target?

Tweet of the Day: US Funding Its Own Destruction?

Tweet of the Day: How to Not Be Compared to Nazi Germany

Tweet of the Day: Xi Jinping’s Propaganda Subway

Tweet of the Day: What Will Be Sent In 10 Years to Taiwan?