What trade war? Alibaba splurges $2 billion on a rival that sells foreign goods

Despite calls from internet users, and sometimes from Chinese media, for people to boycott foreign goods over political issues like the trade war, China remains the third-largest market for US goods and services exports, according to the US-China Business Council. US pop culture and sports are very popular in China, with nearly half a billion people in China watched NBA’s latest season, and Chinese audiences turning many Hollywood franchises into blockbuster hits.