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Monthly Archives: March 2018

Tmall Report Says That Australia’s Importing More And More To China

China’s Tmall.com recently released its Global Annual Consumers Report for 2017, which has some notable data for the land down under, in particular those in logistic transport in Perth and across the country.

The 2017 Tmall Global Annual Consumers Report says that Australia has increased its imports into China, managing to move up to the business-to-consumer platform’s ranking of imports into China. Notably, Australia held the fourth spot in the ranking back in 2016.

In particular, health and nutrition supplements as well as baby products such as milk powder, were Australia’s largest imports into China, brought in due to high demand of Chinese consumers, which allowed the land down under  to compete with other countries, like Japan and United States.

Managing Director Maggie Zhou, Alibaba Group, says that, since they opened their ANZ headquarters in Melbourne in 2016, they have been working to supporting the success of Aussie businesses in China. She says that these results are a sign that they are succeeding on that front, making local Aussie businesses like logistic transport in Perth to do business anywhere.

She says that the Alibaba Group now has 515M active consumers using their China marketplaces, which creates a large opportunity for local Aussie businesses, and that they are excited to continue their China journey with local Aussie brands in 2018.

The report was published with cooperation with CBNData, a business research and marketing communications platform specializing in dealing with large market data. Besides noting which countries had the most imported sales into China, the report also noted that China’s post-millennials account for the largest part of imported products, with customer contentment and emotion having become a key factor with regards to imported product sales. Another thing the report noted was that imported products coming into China were now coming from a larger range of countries from across the world, on top of the increased importation the country was exhibiting.

Tmall Global is one of the largest B2C e-commerce platforms for China, accounting for a 27.6% market share by the final quarter of 2017. The report noted that this particular sector still had a lot of potential, with growth expected to grow by 20% by 2019.

South America Rising Up From The Ashes

Planning a South America tour now might be a good idea as the continent’s economy is starting to regain its momentum. The fact is that, the collapse might have been a good thing as it is stepping up to be something more than what it used to before. The countries are now seeing growth and there is an indication that it might be onto bigger things than before.

Let us look at the case of Brazil where inflation is slowly falling and the interest rates are dropping considerably. This in return resulted to a consumption expansion. The same situation is currently happening in Colombia and the locals are reaping the benefits.

From the view point of Argentine, the activities are being boosted by the priming of the candidates that are hoping to make it through the midterm elections which is considered to be a crucial event. The issue that used to plague Chile concerning a mining strike has already been resolved while the flooding in Peru has also been addressed.

Based on the figures released by the Capital Economics, the GDP tracker showed that Latin America continues to grow at 3 per cent which is a consistent high for the past three years.

The region has been waiting for this and everyone is already seeing the impact. Looking back in 2015, the economy of Latin America was recorded at $6 trillion but there was no growth seen and in 2017, it has reduced even further by 1 per cent. The deceleration did not happen overnight but it has been happening for many years. The highest growth in the region was recorded in 2013 which showed an increase of 6 per cent. After which, everything started to move in a downward trend.

If the growth continues, this will have a crucial impact to the political system of the countries, more importantly in Argentina. Aside from a few exceptions including Mexico and Venezuela, things are looking up for the region. Travelers can hop on the next South America Tour and enjoy the affordable countries before the growth balloons and everything becomes too expensive.