Amazon.com is inviting select Chinese merchants to join its newly launched “crazy low prices” platform, Haul, as the leading US online shopping platform competes with Temu and Shein to woo budget-conscious consumers. Recruitment is by invitation only for now, but the Chinese vendor community already appears excited about this new channel. A factory owner surnamed … Read more
US digital payments platform PayPal is stepping up efforts to support Chinese cross-border merchants with the launch of new services in Shenzhen, tapping into booming exports from the country despite economic headwinds. PayPal’s China business recorded double-digit growth in the past year, Hannah Qiu, senior vice-president and China CEO of PayPal, said at a company … Read more
Observers said the move signalled that Beijing saw the need for legal professionals who understand “complex multi-jurisdictional matters” amid intensifying geopolitical competition with Washington and its allies. Ying Yong, head of China’s Supreme People’s Procuratorate, called on prosecutors to focus on cultivating talent with international legal expertise and experience in “international law enforcement and judicial … Read more
Chinese consumers offered double-priced Apple Vision Pro mixed reality headsets in grey market ahead of official launch A grey market for Apple’s Vision Pro mixed reality headset is emerging in China, with resellers doubling the official price to lure enthusiasts ahead of its official release next month. Dozens of merchants are offering to ship supplies … Read more
