Amazon.com Inc said it will shut its China online store by July 18. The move underscores how entrenched, home-grown e-commerce rivals have made it difficult for Amazon's marketplace to gain traction in China. The US e-commerce giant plans to focus on the lucrative businesses of selling overseas goods and cloud services in China.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2VRwzC5
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