"Chao claims that despite Alibaba’s representations, its business model is “dependent upon counterfeit sales, trademark violations, sales made through pyramid schemes, false advertising and taking bribes to give sellers preferential treatment." https://www.courthousenews.com/alibaba-accused-of-securities-violations/ "According to Guo, the top ten Chinese companies, including the supposedly privately-owned Huawei, Alibaba, and Tencent, are in fact “militarized state-owned enterprises” controlled by the Jiang family. The Jiangs also own multiple large overseas companies as part of their investments." https://www.theepochtimes.com/unmas...min-former-chinese-regime-leader_2960049.html "At its peak, Alibaba was worth over $500 billion and is currently worth $450 billion. Based on the figure of 20 percent, Jiang Zhicheng may have gained and hidden over $100 billion in wealth from Alibaba alone."
indeed. Some might say for the first time I find nothing to add...this says it all. (Electric is never at a loss for words)
I believe that AI and its development marks the beginning of a major turning point in all of the history of the world. \|/Es
You are totally ignorant of reality. Typical arrogance. I’d bet you have never lived in another country where we, yes we Americans have basically helped to create sweat shops to fill our craving for cheap goods and services without much regard for the locals.
UMM ..then don’t buy it. How do you know about the quality? You wouldn’t be buying it would you trying to save a buck or two? PS Don’t open businesses there. Don’t close factories in America and ship production to China and other countries. Chasing the dollar...It is all about money.
If this crave didn't exist, they would have nothing... At least this is something and probably their best option, otherwise they would be doing something else...
What are you even talking about? What type of conditions would these countries be in if no one was employed? China could care less about it's citizens as long as the communist regime keeps it's hold. But youre head is jammed pretty far up your ass so I dont think you'll ever understand that
What is your point? American companies capitalize on cheap labor was volpris point, thus the cheap quality that everybody shoots themselves in the foot with. What is the argument? It seems there is agreement. Es