Fraud on the Alibaba Platform
Yesterday David Wei tendered his resignation as the chief executive officer of Alibaba.com. On this platform, at least 2,326 suppliers engaged in fraudulent practices against buyers over two years. Read more
Rapid Increase in Purchasing Costs
The German manufacturing sector started 2011 with a sharp overall improvement in operating conditions, reflecting substantial rises in output, new orders and employment numbers. However, the rising price of raw materials meant that input cost inflation accelerated markedly in January and was the highest in almost fifteen years of data collection. Read more
4. Asia-Pacific Sourcing in Cologne
From 9th to 11th March 2011 more than 550 suppliers from the Asia-Pacific region will present their products and services from the following segments: tools, locks and fittings, fastening technology, garden machinery/ equipment and builders’ and home-improvement supplies. Read more
