Former US national security advisor: Trump team deserves ‘no more than a C+’ on Middle East approach

U.S. President Donald Trump’s administration deserves “no more than a C plus” for how it has addressed conflict in the Middle East, according to a former U.S. national security advisor. However, Jones ultimately expressed optimism that the United States will stay committed to the region. On one such issue — the planned U.S. troop withdrawal from Syria — Jones said the tensions that have arisen between Washington and Ankara should not be litigated in public, but rather by careful discussion betwe


U.S. President Donald Trump’s administration deserves “no more than a C plus” for how it has addressed conflict in the Middle East, according to a former U.S. national security advisor. However, Jones ultimately expressed optimism that the United States will stay committed to the region. On one such issue — the planned U.S. troop withdrawal from Syria — Jones said the tensions that have arisen between Washington and Ankara should not be litigated in public, but rather by careful discussion betwe
Former US national security advisor: Trump team deserves ‘no more than a C+’ on Middle East approach Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-14  Authors: shirley tay, delil souleiman, afp, getty images
Keywords: news, cnbc, companies, plus, syria, national, say, middle, president, east, trump, regard, security, advisor, deserves, washington, nato, approach, jones, kurdish, team


Former US national security advisor: Trump team deserves 'no more than a C+' on Middle East approach

U.S. President Donald Trump’s administration deserves “no more than a C plus” for how it has addressed conflict in the Middle East, according to a former U.S. national security advisor.

James Jones — who served as NSA under former President Barack Obama and as supreme allied commander of NATO forces in Europe during George W. Bush’s presidency — said Monday that it isn’t clear exactly what the White House wants to do in the Middle East because of apparently “disparate” messages it has sent. However, Jones ultimately expressed optimism that the United States will stay committed to the region.

“I think generally — with regard to the main threats: with regard to Iran, with regard to ISIS, with regard to Russia — I would say, at this point, because there’s some confusion, I would say, no more than a C plus,” Jones told CNBC’s “Capital Connection” when asked what grade he would give to the administration’s handling of the various issues in the Middle East.

On one such issue — the planned U.S. troop withdrawal from Syria — Jones said the tensions that have arisen between Washington and Ankara should not be litigated in public, but rather by careful discussion between the two governments.

“You really have to have serious meetings at both capitals with the intent of fixing what right now is somewhat fractured,” he said.

That comment came after Trump threatened in a Sunday evening Twitter post to “devastate” Turkey’s economy if the NATO ally “hit” the Kurds.

As the U.S. prepares to withdraw from Syria, it’s set to leave behind an increasingly fraught situation between its Kurdish partners on the ground and its ally in Ankara. Turkey has said it is planning an offensive against the Kurds, but Washington has said it requires guarantees of safety for the Kurdish fighters that helped it against Islamic State, the extremist group also known as ISIS.


Company: cnbc, Activity: cnbc, Date: 2019-01-14  Authors: shirley tay, delil souleiman, afp, getty images
Keywords: news, cnbc, companies, plus, syria, national, say, middle, president, east, trump, regard, security, advisor, deserves, washington, nato, approach, jones, kurdish, team


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Falling oil prices will be a hidden blessing for Saudi start-ups, investor says

In a part of the world better known for towering skyscrapers and oil than for its startup scene, Gulf Arab entrepreneurs might be seeing bright times ahead. That’s according to Fadi Ghandour, executive chairman of Wanda Group, whose venture capital fund invests in tech companies all over the Middle East and North Africa. Now that oil prices are dramatically down from their October highs, the veteran Middle East investor says the market moves “will definitely be a blessing in disguise” and in tha


In a part of the world better known for towering skyscrapers and oil than for its startup scene, Gulf Arab entrepreneurs might be seeing bright times ahead. That’s according to Fadi Ghandour, executive chairman of Wanda Group, whose venture capital fund invests in tech companies all over the Middle East and North Africa. Now that oil prices are dramatically down from their October highs, the veteran Middle East investor says the market moves “will definitely be a blessing in disguise” and in tha
Falling oil prices will be a hidden blessing for Saudi start-ups, investor says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: natasha turak, simon dawson, bloomberg, getty images
Keywords: news, cnbc, companies, middle, falling, investor, arab, prices, hidden, faster, east, scale, ghandour, blessing, region, startups, oil, saudi


Falling oil prices will be a hidden blessing for Saudi start-ups, investor says

In a part of the world better known for towering skyscrapers and oil than for its startup scene, Gulf Arab entrepreneurs might be seeing bright times ahead. That’s according to Fadi Ghandour, executive chairman of Wanda Group, whose venture capital fund invests in tech companies all over the Middle East and North Africa.

“For years we’ve said there is an inverse relationship between how change happens on the regulatory environment and the price of oil — the lower the price of oil, the faster the change process happens,” Ghandour told CNBC’s Hadley Gamble on Thursday, pointing to Arab Gulf countries like Saudi Arabia and the United Arab Emirates whose economies have historically been dependent on hydrocarbon revenues.

Now that oil prices are dramatically down from their October highs, the veteran Middle East investor says the market moves “will definitely be a blessing in disguise” and in that it will force the development of sustainable, knowledge-based economies and jobs. He believes that startups founded five or more years ago are now reaching their maturity stage, meaning there will be more businesses scaling up in the next several years — if they can get the necessary support.

“These companies born somewhere around 2011, 2012, have raised much more money, they are growing much faster, the region is adopting mobile smartphone technology much faster, they are interacting much faster and at a much larger scale, specifically in Saudi Arabia,” Ghandour said.

“This is the time when there is size, there is scale, and the big funds globally who don’t want to take the risk early on, are going to be looking for entry into a market that they don’t have much presence in.” He pointed to New York-based global equity firm General Atlantic’s investment of $120 million in Dubai-based website Property Finder last November. The Middle East real estate platform was founded in 2007 and has been profitable since 2013.

Investments in Middle East and North Africa (MENA)-based startups went up by 31 percent between 2017 and 2018 to $893 million, with 366 deals made, according to Magnitt, a regional data platform for investors. The database also found that more than 155 institutions invested in MENA startups in 2018, 30 percent of which were from outside the region and 47 percent of which had not previously invested in the region.


Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: natasha turak, simon dawson, bloomberg, getty images
Keywords: news, cnbc, companies, middle, falling, investor, arab, prices, hidden, faster, east, scale, ghandour, blessing, region, startups, oil, saudi


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Forget the US and Asia, the top 5 countries for expats are in Europe and the Middle East

If you plan to embark on a new career move this year, you should try casting your eye to Europe or the Middle East. That’s according to a new report from HSBC, which found that the top five countries for expat workers were all outside North America and Asia. It found that select nations in the Europe, Middle East and Africa (EMEA) region scored most highly. Notable expat destinations in Asia and North America — such as the U.S., Canada and Hong Kong — also made gains this year and appeared in th


If you plan to embark on a new career move this year, you should try casting your eye to Europe or the Middle East. That’s according to a new report from HSBC, which found that the top five countries for expat workers were all outside North America and Asia. It found that select nations in the Europe, Middle East and Africa (EMEA) region scored most highly. Notable expat destinations in Asia and North America — such as the U.S., Canada and Hong Kong — also made gains this year and appeared in th
Forget the US and Asia, the top 5 countries for expats are in Europe and the Middle East Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: karen gilchrist, david jrg engel, eyeem, eyeem premium, getty images, shanshihan, moment, jorg greuel, stone, laurie noble
Keywords: news, cnbc, companies, region, forget, north, europe, countries, workers, asia, middle, destinations, report, expats, east, expat


Forget the US and Asia, the top 5 countries for expats are in Europe and the Middle East

If you plan to embark on a new career move this year, you should try casting your eye to Europe or the Middle East. That’s according to a new report from HSBC, which found that the top five countries for expat workers were all outside North America and Asia.

Based on responses from 22,318 expats working in 163 countries, the report measured those destinations deemed best for international workers along a series of metrics — such as work/life balance, earnings prospects and career development. It found that select nations in the Europe, Middle East and Africa (EMEA) region scored most highly.

Strong salaries, positive work cultures, job security and personal fulfillment opportunities all enabled the region to jump forward in the bank’s annual list and gain the top spots. Notable expat destinations in Asia and North America — such as the U.S., Canada and Hong Kong — also made gains this year and appeared in the top 10. But Singapore saw a drop this year, missing out on the top five to take its place among the final 10.


Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: karen gilchrist, david jrg engel, eyeem, eyeem premium, getty images, shanshihan, moment, jorg greuel, stone, laurie noble
Keywords: news, cnbc, companies, region, forget, north, europe, countries, workers, asia, middle, destinations, report, expats, east, expat


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Trump risks ‘damaging America’s reputation for the long term’ with Syria withdrawal, experts warn

U.S. President Donald Trump’s abrupt announcement this week that he intends to withdraw all American troops out of Syria risks dealing a serious blow to his country’s credibility as an ally and partner, former national security officials and regional experts warned. Geopolitical experts are also sounding the alarm on the state of America’s international partnerships. Trump has long opposed U.S. military involvement in Syria, and his backers view the withdrawal decision as a campaign promise kept


U.S. President Donald Trump’s abrupt announcement this week that he intends to withdraw all American troops out of Syria risks dealing a serious blow to his country’s credibility as an ally and partner, former national security officials and regional experts warned. Geopolitical experts are also sounding the alarm on the state of America’s international partnerships. Trump has long opposed U.S. military involvement in Syria, and his backers view the withdrawal decision as a campaign promise kept
Trump risks ‘damaging America’s reputation for the long term’ with Syria withdrawal, experts warn Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-22  Authors: natasha turak, win mcnamee, getty images, delil souleiman, afp
Keywords: news, cnbc, companies, middle, officials, trump, risks, withdrawal, syria, reputation, wrote, defense, east, state, long, experts, term, damaging, warn


Trump risks 'damaging America's reputation for the long term' with Syria withdrawal, experts warn

U.S. President Donald Trump’s abrupt announcement this week that he intends to withdraw all American troops out of Syria risks dealing a serious blow to his country’s credibility as an ally and partner, former national security officials and regional experts warned.

That decision, announced in a Twitter post, was reportedly the “breaking point” for Secretary of Defense James Mattis, who submitted his resignation letter a day later. The 68-year-old retired Marine Corps general said he was leaving the administration in part because he does not agree with Trump on a number of issues, and cited the importance of alliances.

Geopolitical experts are also sounding the alarm on the state of America’s international partnerships.

“(Trump’s Syria move) risks not only jeopardizing the near-term U.S. interest of stabilizing a key part of the Middle East, but also damaging America’s reputation for the long term,” Turkey expert Soner Cagaptay and former Defense Department and Senate Foreign Relations Committee member Dana Stroul wrote in a brief for The Washington Institute for Near East Policy.

Trump has long opposed U.S. military involvement in Syria, and his backers view the withdrawal decision as a campaign promise kept. He announced the defeat the Islamic State (IS), arguing that America should no longer fight others’ battles for them.

But defense officials and lawmakers reject the assertion that IS is finished, and say that America still has commitments to allies on the ground and a reputation to uphold.

“Next time the U.S. needs to challenge an imminent terror threat somewhere in the world, we’ll presumably want to do so ‘by, with & through,’ using local partners,” wrote Charles Lister, senior fellow at the Middle East Institute and author of “The Syrian Jihad.”

“You think they’re going to trust us now? Not a chance.”


Company: cnbc, Activity: cnbc, Date: 2018-12-22  Authors: natasha turak, win mcnamee, getty images, delil souleiman, afp
Keywords: news, cnbc, companies, middle, officials, trump, risks, withdrawal, syria, reputation, wrote, defense, east, state, long, experts, term, damaging, warn


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Powerful quake strikes off Russia’s Far East, says USGS

A major earthquake with a magnitude of 7.4 struck off Russia’s far east on Thursday, the United States Geological Survey (USGS) said, although Russian news agencies carried no immediate reports of damage from the sparsely populated area. The quake off Russia’s Kamchatka peninsula, which was initially measured at 7.8 before being revised downwards, struck 82 km (55 miles) west of Nikolskoye at a depth of 9 km, it said. The Pacific Tsunami Warning Center said hazardous tsunami waves from the earth


A major earthquake with a magnitude of 7.4 struck off Russia’s far east on Thursday, the United States Geological Survey (USGS) said, although Russian news agencies carried no immediate reports of damage from the sparsely populated area. The quake off Russia’s Kamchatka peninsula, which was initially measured at 7.8 before being revised downwards, struck 82 km (55 miles) west of Nikolskoye at a depth of 9 km, it said. The Pacific Tsunami Warning Center said hazardous tsunami waves from the earth
Powerful quake strikes off Russia’s Far East, says USGS Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-20  Authors: source
Keywords: news, cnbc, companies, russias, warning, quake, struck, strikes, earthquake, far, west, km, waves, usgs, east, united, powerful, tsunami


Powerful quake strikes off Russia's Far East, says USGS

A major earthquake with a magnitude of 7.4 struck off Russia’s far east on Thursday, the United States Geological Survey (USGS) said, although Russian news agencies carried no immediate reports of damage from the sparsely populated area.

The quake off Russia’s Kamchatka peninsula, which was initially measured at 7.8 before being revised downwards, struck 82 km (55 miles) west of Nikolskoye at a depth of 9 km, it said.

The Pacific Tsunami Warning Center said hazardous tsunami waves from the earthquake were possible within 300 km of the epicentre along the coasts of Russia.


Company: cnbc, Activity: cnbc, Date: 2018-12-20  Authors: source
Keywords: news, cnbc, companies, russias, warning, quake, struck, strikes, earthquake, far, west, km, waves, usgs, east, united, powerful, tsunami


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China’s Cosco and Abu Dhabi Ports develop Khalifa to support Belt and Road initiative

Monday marks the inauguration of a 35-year concession agreement between Abu Dhabi Ports and China Ocean Shipping Company (Cosco) Shipping Ports. The deal will allow Cosco to operate and develop a new container terminal in Khalifa Port to support trade flows expected from China’s 60-country-wide infrastructure project. The belt and road initiative is a vast project designed to link China with much of Asia, Europe the Middle East and Africa, and to increase Beijing’s political and trade influence


Monday marks the inauguration of a 35-year concession agreement between Abu Dhabi Ports and China Ocean Shipping Company (Cosco) Shipping Ports. The deal will allow Cosco to operate and develop a new container terminal in Khalifa Port to support trade flows expected from China’s 60-country-wide infrastructure project. The belt and road initiative is a vast project designed to link China with much of Asia, Europe the Middle East and Africa, and to increase Beijing’s political and trade influence
China’s Cosco and Abu Dhabi Ports develop Khalifa to support Belt and Road initiative Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-10  Authors: karen gilchrist, bloomberg, getty images
Keywords: news, cnbc, companies, khalifa, east, dhabi, serving, support, cosco, middle, road, initiative, trade, port, develop, ports, shipping, belt, chinas


China's Cosco and Abu Dhabi Ports develop Khalifa to support Belt and Road initiative

Monday marks the inauguration of a 35-year concession agreement between Abu Dhabi Ports and China Ocean Shipping Company (Cosco) Shipping Ports. The deal will allow Cosco to operate and develop a new container terminal in Khalifa Port to support trade flows expected from China’s 60-country-wide infrastructure project.

The belt and road initiative is a vast project designed to link China with much of Asia, Europe the Middle East and Africa, and to increase Beijing’s political and trade influence globally.

The port, which is situated halfway between Abu Dhabi and Dubai, now serves over 25 shipping lines and has links to 70 international destinations. Al Shamisi said that makes it a “strategic location” for trade, not only within the United Arab Emirates and the Middle East, but the wider ecosystem.

“It’s huge … We are not serving the Middle East per se, but we are serving the North Africa Indian subcontinent and we are transitioning point to all of these destinations,” said Al Shamisi.

“Having such infrastructure where the biggest ships can enter and use Khalifa Port as a hub, it will serve the one belt one road, and it’s actually the heart of the one belt one road,” he added.


Company: cnbc, Activity: cnbc, Date: 2018-12-10  Authors: karen gilchrist, bloomberg, getty images
Keywords: news, cnbc, companies, khalifa, east, dhabi, serving, support, cosco, middle, road, initiative, trade, port, develop, ports, shipping, belt, chinas


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East Tech West Day Three: Investing during the U.S.-China trade dispute

East Tech West Day Three: Investing during the U.S.-China trade dispute4 Hours AgoOn the final day of CNBC’s East Tech West event in the Nansha district of Guangzhou, China, issues from the U.S.-China trade dispute to competition in the tech industry filled the day. CNBC’s Uptin Saiidi recaps the event.


East Tech West Day Three: Investing during the U.S.-China trade dispute4 Hours AgoOn the final day of CNBC’s East Tech West event in the Nansha district of Guangzhou, China, issues from the U.S.-China trade dispute to competition in the tech industry filled the day. CNBC’s Uptin Saiidi recaps the event.
East Tech West Day Three: Investing during the U.S.-China trade dispute Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-29
Keywords: news, cnbc, companies, west, event, uschina, saiidi, east, day, tech, cnbcs, uptin, dispute, investing, trade


East Tech West Day Three: Investing during the U.S.-China trade dispute

East Tech West Day Three: Investing during the U.S.-China trade dispute

4 Hours Ago

On the final day of CNBC’s East Tech West event in the Nansha district of Guangzhou, China, issues from the U.S.-China trade dispute to competition in the tech industry filled the day. CNBC’s Uptin Saiidi recaps the event.


Company: cnbc, Activity: cnbc, Date: 2018-11-29
Keywords: news, cnbc, companies, west, event, uschina, saiidi, east, day, tech, cnbcs, uptin, dispute, investing, trade


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East Tech West Day Two: Artificial intelligence and unicorn start-ups in China

East Tech West Day Two: Artificial intelligence and unicorn start-ups in China7 Hours AgoOn day two of CNBC’s East Tech West event in the Nansha district of Guangzhou, China, artificial intelligence dominated the conversation. CNBC’s Uptin Saiidi recaps the day.


East Tech West Day Two: Artificial intelligence and unicorn start-ups in China7 Hours AgoOn day two of CNBC’s East Tech West event in the Nansha district of Guangzhou, China, artificial intelligence dominated the conversation. CNBC’s Uptin Saiidi recaps the day.
East Tech West Day Two: Artificial intelligence and unicorn start-ups in China Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-28
Keywords: news, cnbc, companies, cnbcs, china, tech, uptin, unicorn, west, startups, day, intelligence, east, artificial


East Tech West Day Two: Artificial intelligence and unicorn start-ups in China

East Tech West Day Two: Artificial intelligence and unicorn start-ups in China

7 Hours Ago

On day two of CNBC’s East Tech West event in the Nansha district of Guangzhou, China, artificial intelligence dominated the conversation. CNBC’s Uptin Saiidi recaps the day.


Company: cnbc, Activity: cnbc, Date: 2018-11-28
Keywords: news, cnbc, companies, cnbcs, china, tech, uptin, unicorn, west, startups, day, intelligence, east, artificial


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East Tech West: Microsoft’s Alain Crozier on US tech firms in China

American technology companies that want to succeed in China need to take a long term view on the world’s second-largest economy, the chairman and chief executive officer of Microsoft Greater China Region said on Wednesday. That means companies should be prepared to invest in research and development over a period of time and help to grow the technology environment in China, Alain Crozier told CNBC during a fireside chat at the East Tech West conference held in the Nansha district of Guangzhou, C


American technology companies that want to succeed in China need to take a long term view on the world’s second-largest economy, the chairman and chief executive officer of Microsoft Greater China Region said on Wednesday. That means companies should be prepared to invest in research and development over a period of time and help to grow the technology environment in China, Alain Crozier told CNBC during a fireside chat at the East Tech West conference held in the Nansha district of Guangzhou, C
East Tech West: Microsoft’s Alain Crozier on US tech firms in China Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-28  Authors: saheli roy choudhury, dave zhong, getty images
Keywords: news, cnbc, companies, firms, property, west, tech, need, invest, east, companies, intellectual, crozier, alain, going, means, microsofts, china, technology


East Tech West: Microsoft's Alain Crozier on US tech firms in China

American technology companies that want to succeed in China need to take a long term view on the world’s second-largest economy, the chairman and chief executive officer of Microsoft Greater China Region said on Wednesday.

That means companies should be prepared to invest in research and development over a period of time and help to grow the technology environment in China, Alain Crozier told CNBC during a fireside chat at the East Tech West conference held in the Nansha district of Guangzhou, China.

“You have to invest,” he said. “Investing means, at some point, some of your (intellectual property) is going to be developed here. So, you need to not have this fear that everything is going to the negative way. I think that’s a very important one.”

The United States has previously accused China of intellectual property theft.

“The second one is when you come, and you do business somewhere, you also have to contribute very heavily to the market you are in,” Crozier added. “And contribution is not just doing business.”


Company: cnbc, Activity: cnbc, Date: 2018-11-28  Authors: saheli roy choudhury, dave zhong, getty images
Keywords: news, cnbc, companies, firms, property, west, tech, need, invest, east, companies, intellectual, crozier, alain, going, means, microsofts, china, technology


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East Tech West: JD.com, JD-Daojia on China retail

Technology and innovation have transformed China’s retail space — and that’s what sets the sector apart from the rest of the world, according to a senior executive at JD.com. “The retail infrastructure during the past couple of years have improved a lot, I think the retail infrastructure is really leading the world,” Ling said. He explained that China has adopted advanced technologies including artificial intelligence, the study of large volumes of data and blockchain in the retail sector. Recen


Technology and innovation have transformed China’s retail space — and that’s what sets the sector apart from the rest of the world, according to a senior executive at JD.com. “The retail infrastructure during the past couple of years have improved a lot, I think the retail infrastructure is really leading the world,” Ling said. He explained that China has adopted advanced technologies including artificial intelligence, the study of large volumes of data and blockchain in the retail sector. Recen
East Tech West: JD.com, JD-Daojia on China retail Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-28  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, west, types, world, ling, space, jddaojia, sector, china, retail, tech, sell, including, east, names, jdcom


East Tech West: JD.com, JD-Daojia on China retail

Technology and innovation have transformed China’s retail space — and that’s what sets the sector apart from the rest of the world, according to a senior executive at JD.com.

Innovation in the domestic retail industry has led to newer ways for businesses to sell their products to consumers, including via online and offline channels and over social networks, Ling Chenkai, vice president at JD.com, told CNBC’s Eunice Yoon during a fireside chat at the East Tech West conference held in the Nansha district of Guangzhou, China.

“The retail infrastructure during the past couple of years have improved a lot, I think the retail infrastructure is really leading the world,” Ling said. He explained that China has adopted advanced technologies including artificial intelligence, the study of large volumes of data and blockchain in the retail sector. That has led to the development of new types of unmanned convenience stores popping up in China — where customers check out items on their own, and where facial recognition and electronic price tags are used.

Ling predicted that there will other types of developments happening in the future.

JD.com competes aggressively with Jack Ma’s Alibaba in China’s massive e-commerce space and has the backing of prominent global and local names such as Google and Tencent.

Recently, China celebrated a major shopping event called Singles Day where both JD and Alibaba racked up billions of dollars in e-commerce sales. The spending habits of Chinese consumers have attracted many Western brands, including luxury names, to sell in China.


Company: cnbc, Activity: cnbc, Date: 2018-11-28  Authors: saheli roy choudhury
Keywords: news, cnbc, companies, west, types, world, ling, space, jddaojia, sector, china, retail, tech, sell, including, east, names, jdcom


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