“Keep Calm and Carry On”: Keeping up with China’s changing rules for cross-border e-commerce
摘要
China cross border e-commerce has grown by leaps and bounds in the last 2 years since the PRC authorities encouraged the use of bonded zones. Some major concerns about cross border e-commerce in China were due to a raft of regulations that were issued in April 2016 by a number of Chinese regulators. The new regulations do not signal a desire to close down cross border e-commerce. As cross border e-commerce grew it was always expected that regulation would be on its way. Accordingly for most companies the expectation was that change to the current system was not a question of if but when. Unfortunately, the regulations that have been issued are vague and have been issued by a variety of regulators so that there may be co-ordination issues in respect of implementation. Accordingly the new regulations have sparked both many questions and much fear.
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