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Last year, Amazon AMZN earned a staggering $21 billion. And much of that profit came directly from Amazon’s position as China’s online marketing machine. China now accounts for roughly 40% of all Amazon sales, and an estimated 75% of all new sellers on Amazon are Chinese companies.
Unfortunately, domestic U.S. manufacturers and retailers are on the losing end of this arrangement. Beijing already massively subsidizes its state-owned factories—which allows them to charge artificially low prices.
But…
