Alibaba trade finance: a misguided step into the unknown

Region:

Asia-Pacific

William Laraque

Managing Director at US-International Trade Services

According to ChinaBusinessNews.com and the South China Morning Post, Alibaba Group Holding last week entered into a partnership with more than 25 credit rating agencies and banks globally, in order to make cross-border trade financing available for Chinese small and medium-sized enterprises (SMEs).

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