I’d Like to Teach the World to Shop

The Chinese stock market put a global damper on the first trading day of 2016. But the Chinese consumer market is the key to growth for some U.S. companies. And Alibaba wants to open up that market like never before. In Fortune, the excellent Leena Rao explains why Alibaba wants Chinese shoppers to buy American. (What’s interesting is that the products are “American” but they are made in China and the companies don’t even necessarily have to have Chinese office.)

+ The size of opportunity is so large it will be measured in trillions, not billions — trillions of dollars, that is, not rupees.” That’s why Amazon is making a big push into India.

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