Commentary China is using Amazon to destroy American, European, Indian, and Japanese businesses, which are the foundation of free-market democracy on a global scale. Amazon’s founder, Jeff Bezos, is making a short-sighted fortune in the process. He is one of the world’s richest men at $193 billion. But as Jack Ma’s recent disappearance in China demonstrates, money will mean nothing when China’s power exceeds that of the United States. Forty-two percent of Amazon.com’s top sellers are from China, according to a market research firm. These underpriced Chinese products are driving out mom-and-pop stores, hollowing out Main Street, U.S.A., and then prices are raised to market levels. America’s relative economic power is thereby being destroyed. China’s economy, which exceeded that of the United States in 2017 (by GDP PPP), is engulfing America and its allies, and with it democracy. The firm, Marketplace Pulsed, published research showing over 50 percent of Amazon …
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