E-Commerce and Private Equity Booming in China [View article]
It was only a matter of time before China began to crumble and allow themselves to be westernized. Think about it form a governmental point of view; you can hold back your citizens for traditional reasons, or you can allow your country to adapt and reap the financial benefits. With internet bans lifted and eCommerce possible, the government is able to charge more tax on selling. This directly effects the quality of living and growth of an already expanding country. I think this is just the beginning, especially when the western farmland starts to convert to more urban areas as population density becomes even MORE of a problem. Let's not forget the Olympic influence.
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It was only a matter of time before China began to crumble and allow themselves to be westernized. Think about it form a governmental point of view; you can hold back your citizens for traditional reasons, or you can allow your country to adapt and reap the financial benefits. With internet bans lifted and eCommerce possible, the government is able to charge more tax on selling. This directly effects the quality of living and growth of an already expanding country. I think this is just the beginning, especially when the western farmland starts to convert to more urban areas as population density becomes even MORE of a problem. Let's not forget the Olympic influence.
Jul 17 11:16 am
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