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Samarkand Group confident of riding out volatility in China market

Samarkand Group confident of riding out volatility in China market

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Samarkand Group PLC (AQSE:SMK) said it remains in a strong position to ride out volatility in the Chinese economy and eventually capitalise on it, though the current year will be affected. Having last year received strategic investment by China’s largest logistics company and recently agreed an alliance with FedEx (NYSE:FDX) as it builds its partnership network, the cross-border e-commerce technology provider said its Nomad Checkout would see the launch of the first wave of enterprise clients in the first quarter of 2022.

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