Re:China's $1T Plan to Shake Up the Economic Order
by petra on Saturday May 13, 2017 @06:41PM
(#14333376)
Even if this only makes the e-commerce battle balanced, that's a big win for Aliexpress, after all the Amazon investment.
But I suspect China will find a way.Maybe it would just be as simple as cheaper costs in the Asian part. Maybe it will be nudging Chinese companies to be "patriotic" now that it doesn't cost them more. If there's a will, there's a way.
Absolutely! China's labor costs are not the cheapest anymore, but their tight infrastructure saves more than enough money to keep over-all production costs extremely competitive. This is simply a continuation of their economic strategy.
However, I doubt Europe will let Aliexpress dominate... China will be required to let other companies purchase and ship out of China as well.