E-commerce & Instant Retail
Exclusive | Fan Gang: Don Quixote's Lance, However Long, Has No Power—A Critique of the Critique of Alibaba
Alibaba has turned the ordinary day of November 11 into a shopping carnival for Chinese netizens. However, over the past week, a wave of criticism against Taobao, Tmall, and e-commerce in general has been fermenting online. In response to these hot-button issues, renowned economist and president of the China Development Institute (Shenzhen), Fan Gang, wrote exclusively for this WeChat account: 'Criticism is valuable, but the problem is that the reasons for that criticism are specious and full of errors, so they need to be cleared up to set the record straight.'
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