China’s e-commerce market is one of its fastest-growing business sectors. Despite the effects of the COVID-19 pandemic, online sales in China are increasing and during the second shopping festival held from 1-18 June 2020, Jingdong e-commerce platform reported online sales of RMB 269.2 billion (USD$39.5 billion). For foreign businesses and brands seeking to enter China’s…
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Amidst worldwide economic uncertainty and complex international relations, investors are trying to navigate toward opportunities that position them to succeed. Many of those opportunities can be found in China. At Horizons, we’re confident of China’s economic stability, growth and effort to move past the negative effects of COVID-19. In the latest World Bank Asia Pacific…
Read moreOver the years, China’s governmental procedures for the incorporation of companies and corporate administration have been simplified to accelerate and strengthen doing business in China. Despite the onslaught of COVID-19 and its economic effects, the objective of optimising the business environment for both domestic and foreign companies in China remains unchanged. If fact, the State…
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