Posts Tagged 'Chinese business'

Made in America Panel Cautions Americans to Redefine “Poor”

Made in America Panel Cautions Americans to Redefine “Poor”

Host Neal Asbury opened his nationally syndicated “Neal Asbury’s Made in America” show on Radio America (now on 48 stations) with some trepidation about the astounding IPO (Initial Public Offering) for China’s Alibaba’s wholesale e-tail site, which carried an initial market capitalization of $250 billion, and processes some 11.3 billion orders a year.

Co-host Dr. Rich Roffman compared it to the initial enthusiasm when Blockbuster first went public during the 1990s, and characterized the Alibaba IPO as the “current investment darling ...

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