Capitalist Strategies and Market Dynamics

Exploring Temu's extravagant marketing budget, the chapter delves into their financial losses, projections of profitability, and transition to a consumption-driven economy. It analyzes the competitive strategies of PDD and Temu in Chinese and US markets, including loopholes in US customs law for tariff evasion, challenges faced in breaking into the American market, and labor exploitation issues in Chinese manufacturing companies like TEMU.