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China issues draft rules to expand cross-border e-commerce

BEIJING (Reuters) – China on Tuesday issued draft rules to promote construction of overseas warehouses and expand cross-border e-commerce businesses, which have become a vital force in its foreign trade, according to the Chinese commerce ministry. Companies including Shein, PDD Holdings’ Temu and Alibaba’s AliExpress, which predominantly ship made-in-China products “cross border” to markets around the world have been rapidly …

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