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But now, some big manufacturers, such as Sun Pharmaceutical Industries, Lupin Ltd and Aurobindo Pharma Ltd, are striving to change that. The firms are looking to expand their presence in China, the world's second-largest pharmaceutical market after the United States.
But given China’s comparative advantages as well as cost and market rules, it will not be easy to shift the supply chains away from China, US trade experts have told Xinhua.
But on the other hand, there was a massive outpouring of personal stories in the comments and across other media outlets from former Amazon employees that very much supported the arguments made in the piece. That should be a wakeup call to the executive team at Amazon that they need to take a hard look at their business to make sure they’re doing the best to attract and retain top talent. It’s key to their continued growth.
But overall such trends will inevitably squeeze profit margins, as average spending per capita from these cities is normally lower than those in cities such as Shanghai and Beijing, said Cao Lei, director of the China E-Commerce Research Center.
But in the long run, short-term investors will make way for long-term players, which will restore stability to the market, he said.