Int 440

The article presents the idea that e-commerce in china is growing rapidly. It touches on the fact that e-commerce in china is not only influenced by the Western countries but instead China has managed to shape it with its excrete birth local characteristics. These characteristics include the attitude of Chinese entrepreneur, the bespeak of Chinese consumers, the economic learning and government legislation. One of the main(prenominal) issues is on Huang Bing, founder if United Cosmetic International, that caters to the demand of women who hot in countryside areas for branded cosmetic product, through online stores. In China, with the contemporary development and growth, net has become something almost every person approaching to, whether for pleasure or business. Thus, in the article it is mentioned that the on the whole of China is connected by fast Internet pipes. evening Chinas government has made an let online of restrictive plans such(prenominal) as licensing an d censorship to oversee the e-commerce industry. Taobao, owned by Alibaba, is tell apart apart of a Chinese auction service invest of the American eBay. Today have around 370 million registered users and that covers triple out of the four online sales made in China.

It is shown in a study by the Boston Consulting Group that the yearly place of e-commerce in China will overtake countries such as the United States of America, Japan, Britain and even South Korea by 2015 at $305 billion. Commentary Internet based business even try on the governments input before launching a service, such as Kai Fu Lee, head of In novation Works. Lee has managed to start li! censes and cleared the dull terms for censorship. Taobao quickly overtook its competitors by not charging transaction fees and it overcame the biggest breastwork to online business in China, which is the lack of trust. The online hire system is called Alipay, it has an escrow map that withholds payment until goods have been received. There is alike a undersized e-commerce company called Vancl, that satisfy the growing...If you want to pull out a just essay, order it on our website: BestEssayCheap.com

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