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Topic Started: Jun 15 2018, 12:05 PM (30 Views)
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AMAZON.COM Inc. is hiring by the hundreds in China to fill jobs ranging from Internet software engineers to designers for Alexa Sebastian Holmen Sweden Jersey , positioning the company to recoup some of the market share it lost to Alibaba Group Holding in the world’s largest online shopping arena.


The online retail giant lists almost 400 Chinese-based openings on its careers website and more than 900 on LinkedIn. They include senior executives to manage and acquire content, a leader to expand its fledgling Amazon Lending program and a head for its storefront on Alibaba’s Tmall. And it’s hiring a hardware engineer to, among other things, evangelize for digital assistant Alexa, which works with third party products even though the Echo speaker isn’t available in China.


While the Seattle-based company still sells goods from abroad to Chinese consumers and has local cloud computing customers, Amazon’s been relegated to a small player in a domestic e-commerce market dominated by Alibaba and JD.Com. But like fellow U.S. companies Facebook and Google Sebastian Eriksson Sweden Jersey , it isn’t giving up on the world’s most populous nation despite powerful domestic players.


Amazon is encouraging its more than 2 million merchants, many who only sell in the United States, to use Amazon to reach international markets. It offers services for language translation, currency conversion and tariffs to streamline the process for merchants who think it’s too cumbersome and costly to sell abroad.


Amazon’s market share in China continues to shrink in the face of fierce competition. Its sales represented just 1.1 percent of China’s online gross merchandise value in 2015, and by 2016 that figure had dropped to 0.8 percent, according to an ICBC note that cited iResearch.


But Amazon has used its global reputation to keep a foothold in the business of importing goods for China’s rising middle class Patrik Carlgren Sweden Jersey , who seek safe foods and authenticity. In the fourth quarter of 2016, Amazon controlled 7 percent of the country’s cross-border commerce, according to ICBC. It launched its Prime free-shipping service in late 2016.


“In the past two years, Amazon’s recognized the trend of rising Chinese consumption and persisted in developing its cross-border business,” said Chen Tao, a researcher with Analysys. “The addition of the Prime program propelled that and it’s had fair success with the business.”


In the first quarter Pa Konate Sweden Jersey , the company’s cross-border sales were 11 times bigger than their level two years earlier.


Ocean Audit, which tracks the global movement of goods, said Amazon imported 14,885 shipping containers’ worth of goods in 2016. This year it’s predicted to reach 20,000, according to chief executive officer Steve Ferreira.(SD-Agencies)

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PARIS Nicklas Barkroth Sweden Jersey , Sept. 13 (Xinhua) -- French Nuclear Safety Authority (ASN) on Wednesday said it has strengthened security in Belleville-sur-Loire nuclear power plant in Cher, central France, for poor safety systems.


ASN argued, in a statement, that its decision is due to ""the deterioration in the level of safety it has observed since 2016 in this site and the absence of any notable improvements on the part of EDF to date.""


The French nuclear authority added it reported in 2016 a significant increase in the number of events related to reactor monitoring and, in particular Mikael Ishak Sweden Jersey , ""a degradation in the quality of the responses provided to it, as well as insufficient operator's reaction.""


An inspection conducted last April showed deficiencies in implementation by the operator ""for the supervision and maintenance of its facilities,"" according to the statement.


A similar operation is planned in 2018 to evaluate the ""specific"" measures taken to ensure the nuclear site's safety.


EDF, France's leading company which operates the nuclear facility, said it has already presenting ""a rigorous plan to reinforce the safety culture in the plant,"" France info radio reported.


China Melker Hallberg Sweden Jersey , Brunei to boost ties


China-ASEAN Expo joined by exhibitors from countries along Belt and Road


Fire drill held in S China's Guangxi


Aerial view of villages in N China's Shanxi


China, Pakistan air forces hold joint training exercises


Pic story: Chinese grape and wine expert


Farmers busy with farm work around Bailu across China


Rural children take free lunch in SW China's Guizhou

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BEIJING, May 9 (Xinhua) -- Overseas direct investment into China's financial institutions, including banks, insurers and securities firms, saw a net outflow of 1.29 billion U.S. dollars in the first quarter of 2017 Marcus Rohden Sweden Jersey , the nation's foreign exchange regulator revealed Tuesday.


This is an increase from a net outflow of 1.1 billion U.S. dollars in the fourth quarter of 2016, equivalent to roughly half of the net outflow of overseas investment into the industry registered for the whole of 2016, according to data from the State Administration of Foreign Exchange (SAFE).


In the first three months, the country's financial institutions made net outbound investment of 1.98 billion U.S. dollars in overseas companies, lower than the quarterly average level recorded in 2016, according to the SAFE.


Last year Linus Wahlqvist Sweden Jersey , China's financial institutions' net outbound investment totaled 9.65 billion U.S. dollars in overseas companies, official data showed.


SAFE has released data on a quarterly basis since 2012, as part of the regulator's efforts to increase the transparency of foreign exchange statistics.


Overseas investment to financial organs makes up only a small portion of overall foreign direct investment into China.


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