A news report has popped up in a couple of places about the launch in Chongqing of a “credit archive” using Alibaba’s e-commerce platform – ChinaTechNews.com story

According to a representative from Alibaba quoted in local media, the Credit Archive shows the credit records of foreign trade enterprises. By combing the traditional credit certifications and the interaction on the Internet, it dynamically shows the credit situation of each enterprise, making the information more accessible to clients and exposing potentially hazardous companies at the same time.

The trustworthy-ness of potential business partners is clearly an issue on Alibaba’s mind and in the minds of its users, in view of the recent product recalls due to quality problems.  Source: Business Strategies Group, Hong Kong  www.bsgasia.com

BIIA Newsletter September – 2007 Issue