Business and Finance

Why China Turned Against Jack Ma

The Alibaba chief paid for pushing back against Beijing. But the shift in attitude also speaks to a growing wealth gap and diminished opportunities for the young. By Li Yuan Published Dec. 24, 2020 Updated Jan. 20, 2021 阅读简体中文版閱讀繁體中文版 In China, Jack Ma is synonymous with success. The English teacher turned internet entrepreneur is the country’s richest person. He founded Alibaba, the …

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Amazon India scraps single-use plastic in packaging across centers

By Reuters Staff “BENGALURU (Reuters) – The Indian unit of Amazon.com Inc AMZN.O has eliminated all single-use plastic in its packaging across fulfillment centers in the country, in line with its target to weed out the packaging material by June, the e-commerce giant said on Monday. The company said in addition to replacing packaging materials such as bubble …

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Hu tieu, a Vietnamese dish spiced with prosperity and climate change – by George Black | Vital Signs | The Guardian

“On a visit last month to the town of My Tho, the capital of the Tien Giang province in Vietnam’s Mekong Delta, I found a riverside restaurant that served the local specialty, a dish called hu tieu. It’s a delicious soup, dense with stretchy rice noodles and topped with succulent locally farmed shrimp. These two ingredients …

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As Trump Visits India, a Trade Deal Remains Elusive – By Ana Swanson and Vindu Goel – The New York Times

By Ana Swanson and Vindu Goel Feb. 25, 2020Updated 8:05 a.m. ET “WASHINGTON — President Trump’s visit to India includes a state dinner, tens of thousands of cheering onlookers and even a marching band on camels — but a long-awaited trade deal between the United States and India is notably absent. For the second time since September, when Prime Minister …

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Opinion | How Technology Saved China’s Economy – By Ruchir Sharma – The New York Times

By Ruchir Sharma Mr. Sharma is an author, global investor and contributing opinion writer. Jan. 20, 2020 A driverless delivery robot crossing the road in Tianjin, China, in November.Credit…China Network/Reuters “Landing in Shanghai recently, I found myself in the middle of a tech revolution remarkable in its sweep. The passport scanner automatically addresses visitors in their …

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A Maine Paper Mill’s Unexpected Savior: China – By Ellen Barry – The New York Times

By Ellen BarryPhotographs by Tristan SpinskiJan. 15, 2020, 5:00 a.m. By Ellen Barry Photographs by Tristan Spinski Jan. 15, 2020, 5:00 a.m. ET 63 “OLD TOWN, Maine — During the deepest part of last winter, a van pulled off the highway and followed the two-lane road that skims along the Penobscot River, coming to rest beside the hulk …

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Opinion | How to Survive as a Woman at a Chinese Banquet – By Yan Ge – The New York Times

By Yan Ge Ms. Yan is the author of 13 books, including, most recently, “The Chilli Bean Paste Clan.” Nov. 30, 2019 305 Credit…Lisk Feng 阅读简体中文版閱讀繁體中文版 “A Chinese banquet can be many things, but it is never a gastronomic occasion. It is more like a sport, one in which the primary goal is to drink a toast with …

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China Cracks Down on Fentanyl. But Is It Enough to End the U.S. Epidemic? – By Steven Lee Myers – The New York Times

By Steven Lee Myers Dec. 1, 2019, 2:55 a.m. ET 27 “XINGTAI, China — An online pharmacy advertising itself as a seller of “high purity, real pure” fentanyl still responds right away to potential customers. “Which products do you want to buy,” a salesperson replied within a minute to an inquiry in English on WhatsApp, the encrypted messaging …

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Prime Mover: How Amazon Wove Itself Into the Life of an American City – The New York Times

Amazon just put this department store out of bussiness in Baltimore, and its largest hardware store, both owned by the same family. “. . .  Ms. Black said she quit after two written warnings that she wasn’t meeting productivity standards, knowing a third would get her fired. “The machines determine so much,” she said. “You’re …

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New Nissan Pay Problems Point to Conflicts at the Top – The New York Times

By By Ben Dooley and Liz Alderman Oct. 6, 2019 “TOKYO — An outside law firm investigating problems at Nissan, the troubled Japanese automaker, this summer discovered some potentially explosive information. Hari Nada, a powerful Nissan insider who was behind the ouster last year of Nissan’s chairman, Carlos Ghosn, over compensation issues, had been improperly overpaid himself, the …

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