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American businessman Peter Shiao had worked hard with his Chinese capital partners on an investment fund, and just as they prepared to announce it this year, China-US trade tensions escalated, forcing Shiao to make an abrupt change in plan.
Amazon’s ascension as a corporate and retail titan has entire industries trembling at mere rumors that the company is moving into new markets. Bloomberg technology columnist Shira Ovide studies how that came to pass, by the numbers, in a new piece titled, “How Amazon Became Corporate America’s Nightmare.”
Amazon’s record quarter: .5B in profits is biggest ever as tech giant comes up just short on sale
Americans need to realize that China has to upgrade its productivity and its technology. This is the only way it can escape the middle-income trap over the next 10 years.
Amazon’s next foray into original programming might be a bit more risqué than its usual offerings.