Why is e-commerce so successful in China?
(chinadaily.com.cn) Updated: 2016-05-27 10:34Ted180 (Canada)
Massive un-met consumer demand plus reliance on new electronic networks (in absence of old ones) guarantees success. If I were 30, I'd invest 80% in China-related equities. But I'd do it through Australian investors.
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Richard Liu, CEO and founder of China's e-commerce company JD.com, rides an electric tricycle as he leaves a delivery station to deliver goods for customers to celebrate the anniversary of the founding of the company, in Beijing, June 16, 2014.[Photo/Agencies] |
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