Yiwu, Zhejiang Province, China is the world’s largest small commodity market, connecting more than 2 million small, medium, and micro enterprises in more than 200 countries. It has been regarded as a window to understand the dynamics of China’s foreign trade. Like other manufacturing centers in China, Yiwu was also severely hit by the COVID19 epidemic. Delivery was delayed and orders were cancelled. In order…
e-commerce
Growth Opportunities for China e-Commerce in 2020
Where will China’s new e-commerce traffic come from in 2020? What changes have happened to e-commerce in 2019, and where are the new growth opportunities for e-commerce in 2020? Live e-commerce (selling via short video) In the first half of 2019, the hottest thing in the e-commerce industry is live e-commerce. In February 2019, the Taobao Live Broadcast Independent App was launched. In July 2019, the…
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…
e-Commerce Impacting Offline Groceries Greatly
The pace of e-commerce is unexpected and even the grocery store can not escape the impact of online shopping. According to media reports, perhaps a couple of years later, stores in your neighborhood may fall into more intense competition, as the Food Marketing Institute and a joint Nielsen report shows that over the next five years , most US buyers will do shopping online. This change is much…