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Amazon’s record revenue growth came at the expense of profits. Over the company’s lifetime, its net income has lagged far behind Apple, Microsoft and others. Only in the past year has the company started to regularly post quarterly net income in excess of billion.
Amazon’s net sales rose 26% to .5 billion during the quarter, exceeding Wall Street’s expectations. But profits fell more than 30%, as the costs of scaling up for the pandemic weighed on the Seattle tech giant’s bottom line.
Among the key aspects of the USMCA deal were improved enforcement of worker rights. Democrats also succeeded in removing a 10-year protection for manufacturers of new drugs, including biologics, that had won a reprieve from lower-cost competition in the original accord.
Amid the current enthusiasm for the next-generation wireless technology, which will power applications such as autonomous driving, some professionals and analysts also gave some suggestions.
American companies take a long-term view of the relationship and they generally have a positive view about the opportunities here in China, said Matthew Margulies, vice-president of the US-China Business Council China Operations, in Shanghai on Thursday.
来源：资阳报