Subject: The “Amazon of China” sets its sights east
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Mon, 19 Jun 2017 05:02:46 -0400 (EDT)

.footer .iOSLink a {       color: #666666 !important;       text-decoration: none !important;     }      @media only screen and (max-device-width: 480px) {       body {         padding: 10px !important;       }       .one-column p,       .one-column li {         font-size: 19px !important;         line-height: 29px !important;       }     }A daily digest of opinions and analysisAlibaba in America? Don’t Bet on It.Having conquered its home country, the massive Chinese e-tailer hopes to crack the U.S. market — but can CEO Jack Ma really gain a foothold there, much less create 1 million American jobs? In this case, Christopher Balding warns, Alibaba’s public-relations team may have gotten ahead of its bean counters.How Donald Trump Could Curb Drug PricesThe U.S. president has vowed to make pharmaceuticals cheaper — but as any American who lived through the gas shortages of the ’70s can tell you, price controls aren’t the best way to do it. Instead, economist Arthur Laffer urges Trump to use his storied deal-making skills to negotiate with the industry.A Voice of Reason Rises From the SwampThe latest in a long line of thoughtful lawmakers from Maine, Angus King has played a key role in the Senate intelligence committee’s Russia investigation. Al Hunt speaks with the longtime independent about the probe, what he calls “the most serious attack on our country since September 11.”The Web Makes It Harder to Read Market SentimentDon’t believe it? In Barry Ritholtz’s telling, the internet swept away an older generation of financial pundits, replacing the bias of a handful of cautious gatekeepers with an informational Wild West. It’s enough to make you wish for the days of “Wall Street Week.”Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsHow to succeed in business while really trying (Bloomberg Businessweek)Jimmy Iovine on his secrets to success and remaining humble (Esquire)How Wells Fargo’s cutthroat corporate culture allegedly drove bankers to fraud (Vanity Fair)(Read Barry Ritholtz’s full daily news roundup here.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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