Amazon plans to shut shop in China

Online giant Amazon is planning to stop online shop in China The Amazon authorities said the company will not be able to store online stores from within China and from July.
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Because of this, China can not afford to shop in the Amazon Store inside the country. However, online giant Amazon will be able to order products from the existing website all over the world. The decision has been taken following the competition with Chinese local online shop Alibaba and JD.com, Amazon Increasing investment from the world's second largest economy is likely to increase investment in India. 

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