A Huffalump did his business here...: China's Booming Online Sales

Wednesday, September 13, 2006

China's Booming Online Sales

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.

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