You are here

Alibaba's US growth ambitions at risk after Trump victory

Higher tariffs on Chinese goods would depress demand for its AliExpress site
Friday, November 11, 2016 - 05:50

BT_20161111_KYALIBABA11_2592398.jpg
While the AliExpress website lets Chinese retailers sell to US consumers, ensuing trade disputes could hurt sales on the Tmall platform, where US and international brands sell to Chinese consumers.

New York

CHINESE Internet companies face a new reality after Donald Trump's surprise victory as the US president-elect - and Alibaba Group Holding Ltd has the most to lose.

On the campaign trail, Mr Trump promised to upend global trade, saying that China is "killing us" on trade

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom