Market Competition

EU Demands China Pay Up For Flying Over Russia 1

EU Demands China Pay Up For Flying Over Russia

Marjan Rintel, the CEO of KLM Royal Dutch Airlines, believes that the European Union (EU) needs to step up and create rules to help European airlines compete fairly with Chinese airlines. The issue is that while Western countries have closed their airspace to Russian airlines because of the conflict in

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Is Amazon's Reign In Europe About To End With Chinese Takeover? 1

Is Amazon’s Reign In Europe About To End With Chinese Takeover?

Amazon may be the e-commerce leader in Europe, but Chinese companies like Pinduoduo and Temu are rapidly closing the gap. By 2024, Pinduoduo is projected to be just 13% behind Amazon in gross merchandise volume, a significant shift from 2019 when Amazon’s volume was more than double that of Pinduoduo.

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