Posts

The International Business of Cybercrime

The scope and speed of cyber attacks show just how interconnected and fragile the infrastructure of global commerce is. It’s a vulnerability that criminals are all too eager to exploit: cybercrime is a booming international business.

men hand businessman puts credit card into ATM

A Global Upgrade for Trade in Services

Increasingly, the services sector shapes the way global commerce takes place. The trading system needs to give the rules around trade in services an upgrade to match this reality.

giant chicken sculpture outside a shopping mall in Taiyuan

Chinese New Year Spending is HUGE

Chinese New Year celebrations kick off on January 28. Despite slowing growth, Chinese consumers will goose their economy buying new holiday clothes, food and drinks for gatherings, and gifts for relatives for the holiday.

National Retail Therapy

Kicking-off the 2016 holiday season, Americans broke spending records on Black Friday and Cyber Monday. But the big story was how people shopped – online – and increasingly using their phones not just their computers.

How Much Is The World Buying Over the Internet?

Globally, e-commerce sales are projected to surpass $3.5 trillion within the next five years. China and the U.S. account for over 55 percent of global e-commerce, but digital consumption is growing around the world even in markets that still heavily operate on a cash-on-demand basis, like India. The major American e-commerce platforms Amazon and eBay are growing their share in overseas markets but they face stiff competition from companies vying for new online shoppers around the world.