Chinese export growth to slow to 10pc

Jump to navigation Alibaba, China's largest e-commerce company, is forecasting a significant decline in the country's export growth this year as new orders from its 47m business customers slow. Chief executive David Wei said international inquiries were down for the Chinese manufacturers using Alibaba and he expected export growth to fall from 30pc to 10pc by the end of the year.

[maconn]

Alibaba chief executive David Wei says order inquiries from across his 47m business users point to a dramatic drop in China's export growth from 30pc to 10pc by the end of 2010