Over at Bdaily, a UK-based online business news platform, Raj Subramaniam offers up some eye-opening insights into the role e-commerce is playing in the evolution of the global economy — especially as millions of new consumers continue to come online in China. Subramaniam is executive vice president of marketing and communications, FedEx Services.
As Subramaniam writes, “By 2020 Chinese e-tailing is projected to match the size of today’s U.S., U.K., Japan, German and French markets combined, reaching up to £419 billion in sales, according to the McKinsey Global Institute.”
Subramaniam goes on to detail how international trade policy has the potential to stifle the opportunities e-commerce represents to entrepreneurs around the world.
You can read Subramaniam’s complete comments on Bdaily here.