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Among the questions being posed these days, to borrow the soul-searching titles of a recent batch of publications, are: Can Democracy Survive in the Digital Age? and Can Democracy Survive Global Capitalism? David Runciman, author of How Democracy Ends might appear to have already made up his mind.

Among Cle de Peau Beaute's buyers on Tmall, 35 percent were aged between 25 and 29, and 26 percent were aged between 18 and 24, according to the website data.

American companies have made huge investments in China. They're not just going to abandon their capital goods, their factories, their market share, their investments they've made in building up their brands, Lardy said.

Amazon’s insatiable desire to dominate all of retailing proved to be an opportunity for eBay — a chance for the platform to become a sort of Switzerland of e-commerce, helping retailers fend off a common foe. “eBay wants to partner with the market sellers of the world, not put them out of business,” says Devin Wenig, president of Marketplaces. Indeed, eBay doesn’t compete directly with its retail partners — it isn’t peddling books and shoes and diapers alongside them.

Americans continue to spend more of their cash online this holiday season, with comScore reporting that online spending is up 16 percent so far this holiday season. One of the reasons for the surge was a big uptick in last-minute shopping, propelled by free shipping promotions by online retailers.