According to an article in the UK-based newspaper, the Daily Telegraph, Alibaba.com “is to launch an online platform which will encourage the owners of British small and medium-sized enterprises (SMEs) to export their products to the world’s most populous country.”  The initiative will be called “Export to China, Export to the World” and it will be launched in the second half of 2008. Alibaba.com claims to have 268,000 registered users in the U.K. and it maintains that the company is adding 2,000 more users each week.

David Wei, chief executive of Alibaba.com stated, “in high-technology engineering products, where the UK is still very competitive, and in areas such as patents and intellectual property, there is a major opportunity for UK SMEs to export to China.”   Source: Business Strategies Group  w.bsgasia.com 

BIIA Newsletter April – 2008 Issue