The market size of China’s cross-border imported retail e-commerce in 2017 was approximately US$18.81 billions, with an increasing rate of 49.6% year-on-year. It is estimated that the market scale will exceed US$48 billions by 2021. Authentic guarantees and logistics network become key capabilities for the development of the cross-border e-commerce industry. Innovation models happen continuously, while user experience gets enhanced through offline retail stores and artificial intelligence applications. The main imported commodity…
cross-border
Cross-border eCommerce not Worried, but Long Way to Go in Chinese-American Trade War
On March 22, US President Trump signed a trade memorandum with China. According to the press release of the White House, the United States will impose a 25% tariff on products such as aerospace, information and communications technology, and machinery, and the amount involved can reach 60 billion US dollars. There are more than 1,300 products that may be affected. In 2017, the US trade…