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Another factor that could boost Amazon in the eyes of investors is its burgeoning advertising business. Amazon surprised Wall Street recently when it revealed that?advertising has become a “multi-billion dollar business”?for the tech giant.
Apart from the traditional "Made in China" tags found on store shelves, high-speed trains and semiconductors are becoming the new symbols of Chinese manufacturing.
Another analyst sees the tariffs' impact as exaggerated.
Another leading firm Kweichow Moutai saw its net profit soar 26.56 percent year-on-year in the same period to reach 19.95 billion yuan. Its sales revenue stood at 39.49 billion yuan. In 2018, the company produced 49,700 metric tons of Moutai liquor, and 20,500 tons of Moutai series wine.
Anthos is a hybrid-cloud services platform introduced at the event that is designed to give cloud holdouts an easier way to balance their existing investments in on-premises hardware with newer applications run on Google’s cloud or even competitive public clouds. It’s basically a set of training wheels for companies new to the cloud, but it also will give companies the option of subscribing to the cloud on the monthly basis.