Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test

Trump’s Tariffs Put China’s E-Commerce Superpowers to the Test

The auditorium at Alibaba’s headquarters was packed with attendees, leaning against the wall and squeezing onto the stairs. Hundreds of Chinese small-business owners listened raptly as a stream of representatives from Alibaba, the Chinese online shopping giant, stepped onstage to reassure them of China’s resilience in the face of America’s eye-watering tariffs. “Since the beginning…

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