You are currently browsing the monthly archive for March 2008.

In anticipation of further weakening of the US dollar, the vast majority of almost 700,000 Chinese suppliers no longer use dollars to settle non-US transactions, Alibaba’s chief executive David Wei told Financial Times recently.

Abandoning the dollar is an attempt to minimize currency risk. David Wei explained his company’s position, saying that prior to greenback volatility, dollar prices were valid for a month or two. Those same quotes are now good for just seven days.

The dollar has long been the currency of choice for Chinese and other exporters around the world. However, the impact of its recent weakening has led exporters to begin questioning its place as the de facto world currency.

Full report from Financial Times

Bookmark and Share


In a bid to enhance user experiences in using her search functions, Alibaba today takes another step to improve her product listing pages, search function, and mini-site search.

The new features would extend the listing items on each listing page from 20 to 40.  Along with “View Gallery” feature, users are able to browse products images, which is good for those who are getting used to seek products through image search. 

Recent Search” is another value-added feature that can redo users’ previous searches instantly.

Also in her mini website, suppliers are armed with a product search tool through which her customers can search thousands of product within her own mini website.

You can check out a full demo to have a better understanding

Alibaba new search features

Bookmark and Share top 100 Global buyers

Starting today, opens up her suppliers and exporters a new channel to reach  Suppliers and exporters are encouraged to make use of this global channel to export their products to Chinese domestic market. 

The”Meet with’s Top 100 Global Buyers” channel is now in place in Alibaba B2B website and is ready for categories browsing.

Established in 2003, is China’s leading online marketplace for consumers with a market share of more than 75%. According to, it currently has 53 million members and and the sales reaches US$5.5 billion.

Bookmark and Share

Alibaba kicked off her first referral program last week. For those who are interested in the trade guides and would like to have their friends in Alibaba’s community, they can join the program.

All users including buyers, suppliers, manufacturers, traders are welcome to take part in the program and get the trade guides for free.  To understand the program, users can get start here. 

Alibaba trade guidesThese trade guides  include the following: 

  1. Buyer Search Report
  2. Seven Steps to Better
  3. Things You Never Knew
    About Logistics
  4. Safe Trading Tips 

Alibaba trade guides

Bookmark and Share

Alibaba, China number one eCommerce portal,  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. 

David Wei, chief executive of , following his maiden results as a public company, unveiling a 200 per cent rise in operating profit to RMB804m few weeks ago, has announced his second move.

The new venture, known as “Export to China, Export to the World”, will be launched in the second half of this year, will target the 268,000 Britons who are already members of

The website is currently recruiting new members in this country at a rate of 2,000 every week.

Bookmark and Share