Why did Western hypermarket retailers retreat in China and Taiwan?

Why did Western hypermarket retailers retreat in China and Taiwan? After I published my first Costco post, a Singaporean investor asked this question on my English version of the post.

Amazon vs. Alibaba

The businesses of Amazon and Alibaba are almost the same in all aspects, so the two are highly comparable. Just as Amazon’s stock price is not very good this year, and Alibaba has collapsed by more than 40% now, let us compare the two e-commerce giants in China and the United States.

Booming India stock market and the emerging Indian tech giants

India stock market and the emerging Indian tech giants

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