Amazon Will Need Farsightedness To Profit Where Others Have Failed In China

Amazon’s high-profile signing this week of a memorandum of understanding to set up a logistics warehouse and a cross-border e-commerce platform in Shanghai is an effort to move more deeply into a China e-commerce market that will become the world’s largest in the coming years.  Amazon is looking to set up in a Shanghai Free Trade Zone being touted by the city government, and the company is politically wise to get behind a project that officials are supporting. Vice Mayor Ai Baojun was on ha...