True face of China -- A Modern Kaleidoscope Message Board

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Strategies & Market Trends : True face of China -- A Modern Kaleidoscope

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To: RealMuLan who wrote (12280)	10/28/2017 9:29:21 AM
From: zzpat	Read Replies (1) of 12464

Before we start let me say that I think Jack Ma is one of the great minds of our time. His insight on AI and the US is unparalleled in the business community. I listen to his speeches whenever I find a new one. The man is brilliant. India first. Both Alibaba and Amazon are investing in India. Since it's the second largest market after China it would be odd if neither China nor the US didn't invest in India. There are 462 million Internet users in India which is more than the entire population of the US. That number can only go up but it will take a long time before Amazon or Alibaba can get good numbers in India. China and Amazon: Amazon has global sales in excess of $2 trillion. China's entire e-commerce is less than $400 billion. At some point in the near future, China will have the largest e-commerce in the world and Amazon won't have access to it but it looks like Alibaba won't have the majority either. Finally, given a choice between investing in Alibaba or Amazon, I'd pick Alibaba.

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