China’s small exporters, whose operations have been disrupted by the government’s zero-Covid-19 policy, will continue to be competitive even as competition intensifies from their counterparts in Vietnam and other emerging markets, according to a senior executive at e-commerce giant Alibaba Group Holding.

The country’s small and medium-sized exporters are still doing fine, despite increased manufacturing activity in emerging markets like Vietnam, Alibaba.com general manager Zhang Kuo said in a live-streaming session on June 9, according to a report on Sunday by Chinese digital media outlet Jiemian.com.

That assessment by Zhang comes as China’s export growth rebounded in May, following the gradual return to normal of manufacturing activity in Shanghai towards the end of the city’s two-month Covid-19 lockdown.

Alibaba, owner of the South China Morning Post, on Monday confirmed that Zhang gave a speech that was live-streamed on June 9, but did not elaborate on his remarks. Alibaba.com, the company’s first business, operates an integrated international online wholesale marketplace that connects Chinese and overseas suppliers to overseas wholesale buyers.

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