By Frank Lavin Contributor Asia
Aug 26, 2019, 12:01am
What is going on in U.S.-China relations and what are the implications for U.S. brands looking for opportunity in the China market, while mindful of the risks? In the latest round of trade tensions on Friday, China responded to U.S. tariffs with new tariffs of its own, and President Trump tweeted that American companies were “hereby ordered” to start looking for an alternative to China. But Alibaba’s ($BABA) quarterly numbers remind us why it’s usually a mistake to bet against China–at least when it comes to retail sales. (READ MORE)
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