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State media said on Wednesday Amazon.com will set up shop in China’s Shanghai free trade zone, aiming to take advantage of less stringent trade regulations to sell a wider range of products in the country. However, persistent expansion has come at a cost, leaving Amazon with a $126 million loss in the second quarter.

“Amazon Enters Free Trade Zone To Boost Offering In China: Xinhua” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.