Emergic: Rajesh Jain's Blog

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China’s Booming Online Sales

September 26th, 2006 · No Comments

SeekingAlpha has an article by Shaun Rein: “B2C and C2C e-commerce has taken time to gain a foothold in China. However, the combination of new forms of payment systems like Alibaba’s Alipay, an increase in credit card use, and an optimistic Chinese youth population willing to borrow against a bright future indicates that e-commerce might have finally found the growth engines needed to take off in the Middle Kingdom.”

Tags: Emerging Markets

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