Financial hurdles rising for Chinese online merchants selling abroad

Chinese sellers to overseas consumers will face new obstacles from halfway through next year.
Following the green light for postal services in destination countries to raise their charges to China Post (and other countries of origin), the European Union (EU) is to introduce a new VAT regime on 1 January 2021 that will make it more difficult to avoid the tax payments.
After the decision of the Universal Postal Union (UPU) last …

The post Financial hurdles rising for Chinese online merchants selling abroad appeared first on The Loadstar.

Source: The Loadstar

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