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INTERNATIONAL TRADE AND
ECOMMERCE
In a rapidly developing
economy like China, the process of
integration is the most important step
for a successful e – commerce business.
There have been several ups and downs in
the Chinese e – commerce industry in the
past few years which has affected global
sourcing through out the world. When the
internet is growing rapidly, the entire
Chinese people jump in to it to make a
quick profit, only to realise that it
was unprofitable. This aspect of the
internet affects people’s interests in
the world of e – commerce. The actual
fact is internet is a network system
which only provides information that
assists in international trade. By
itself, it has no value, but when market
activities take place using this
information platform whole things are
created and internet becomes very
useful. An activity is created on the
internet when there are some changes in
the information level.
There are close to 40,000
international companies operating
throughout the world and about two
hundred thousand overseas joint ventures
which run through many continents.
Several joint ventures and
collaborations have concerns, indirectly
or directly, with the Chinese business
enterprises. The number of international
companies that want to invest in the
Chinese e – commerce industry is
increasing every day.
But, rareness in the
Chinese e – commerce industry will be
created only after there are some
activities taking place on the internet
and the national front of China. It
either leads to profit or loss in
international trade for the companies
which are based on the net. Integration
of the Chinese import and export and the
global sourcing industry is a very
important step towards this direction,
which was taken by the large domain
names in the Chinese e – commerce
industry. The good will of the large
domain names is utilized to develop a
perfect communication infrastructure in
international trade. Then, it is
integrated with good quality product,
developed technology, quality structure
and high brand name in the market.
Furthermore, the impact
of the Chinese investments and
international trade is very big due to
globalization. It is due to this
globalization process that there is a
direct approach in the international
market to buy modern technology. This
has reduced the problems of stumpy
internal coordination and distribution
expenses. It has opened up all the doors
for specialization of the network
products and services with the support
of the large companies. Business process
outsourcing or BPO for both external and
internal activities is due to global
investments and globalization of
international trade. Business process
outsourcing or BPO is one of the common
concepts that exist in this world and
the Chinese companies are the leading
ones to provide these services. For good
performance and quality work the
companies which do outsourcing select
China for business collaboration.
This is the reason why
the Chinese are investing in labour and
raw materials. But, the primary reason
for all the actions is: getting access
to a larger and wider market, where they
can sell their goods. |
