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Analysts said that Chinese banks, especially small and medium-sized lenders, are under great pressure because they are less capable of bearing risk when facing economic downsides. They also face higher standards of regulatory metrics, especially regarding nonperforming loan and capital adequacy ratios.
And that's just one example. E-commerce is disrupting the beauty sector in China and companies are riding the wave of the change, according to Hagen Wulferth, chief digital officer of L'Oreal China.
And the customer is going to be the child, this is so important because that is the secret sauce of Amazon. There several principles at Amazon, but the number one thing that has made us successful — by far — is obsessive compulsive focus on the customer, as opposed to obsession over the competitor. And I talked so often to other CEOs, some other CEOs, and also founders and entrepreneurs, and I can tell that even though they’re talking about customers, they’re really focusing on competitors and it is a huge advantage to any company if you can stay focused on your customer instead of your competitor.
And they have been encouraged by famous billionaires, such as Bill Gates and Warren Buffett, the world's second and third wealthiest people, who worry about the country's severe wealth inequality.
Analysts speculate that Amazon’s delivery and shipping operations could take market share from companies like FedEx and UPS. Earlier this week, FedEx CEO?Fred Smith said he doesn’t consider Amazon as a competitor.
来源：资阳报