In May 1998, China's Ministry of Foreign Trade and Economic Cooperation (MOFTEC) has launched its online gateway market, www.chinamarket.com. After a month, the Ministry of Information Industry (MII) announced a strategic venture with IBM to develop a central platform of e-commerce in the country. With the central government of the development of electronic commerce as a means around the internal infrastructure bottlenecks, such as transportation and distribution, the two initiatives are racing to become a gateway through which the international e-commerce has been "sent" in China. Given the open standards and open access, which is a defining aspect of the growth of e-commerce, China can seriously expect to control the flow of e-commerce to such an extent? "Hide
by Ali F. Farhoomand, Peter Lovelock Source: University of Hong Kong, 14 pages. Publication Date: January 1, 1999. Prod. #: HKU020-PDF-ENG
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