Forum Moderators: goodroi
I have been online since 95 and shop online all the time, but if I can drive a couple of miles down a smooth paved road listening to satellite radio in my air conditioned car to the store of my choice and when I get there, I have a choice of products that I can hold in my hand and physically examine, I will drive vs going online.
Wynn continues to praise the business climate in China compared to the United States: "The regulatory burden in China is infinitesimal compared to the crap we get in America."
Ma was specifically talking about e-commerce, not roads and bridges.
“The reason we win in e-commerce in China is because the infrastructure of commerce in China was too bad. Why e-commerce in the U.S. is not that good is because the infrastructure of commerce was so good, that e-commerce is a supplement,” he explained. “In U.S., e-commerce is a dessert. In China, it’s a main course.”