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Chairman of the Board of AZERTAC
Carney: Let’s tease that apart, AWS, Amazon Web Services is obviously a very successful part of our business and its margins are a little wider than the thin margins of retail, but it is a simple fact that is established by our filings that our consumer business is profitable. Our other businesses do not fund the retail business. The margins are smaller, we’ve been making that point for a long time. It gets highly competitive and retail is always a matter of very slim margins, but Amazon is successful on its own as a retailer and competes accordingly. On the issue of private label products, of the big companies, retailers that you know in this country and around the world, we’re the worst at it. We have the smallest percentage of our revenue that comes from private label, 1 percent of our revenue. There are competitors out there and you go to their stores or online and it’s 20, 25, 38, 80 percent of what they sell is private label.
Charles Mudiwa, the CEO of Stanbic Bank, said his institution has a strong Chinese connection by the fact that the ICBC Bank is its biggest shareholder.
Check the video to see an explosion of color!
Cao also said there are two trials on remdesivir underway on the Chinese mainland -- one includes mild to moderate cases and the other is aimed at severe and critical cases -- and it seems both are going on successfully.
来源：资阳报