People wait in line at the Amazon company booth during the China International Import Expo in Shanghai on November 7, 2022. Photo: EPA-EFE
People wait in line at the Amazon company booth during the China International Import Expo in Shanghai on November 7, 2022. Photo: EPA-EFE
Amazon

Amazon sets up warehouse in eastern China for faster overseas e-commerce, signalling confidence in consumer spending

  • The e-commerce giant is setting up a bonded warehouse in Ningbo, which it estimates will cut shipping times by four to five days
  • Amazon closed its China store in 2019, but it maintained operations for cross-border e-commerce, which has exploded in popularity

People wait in line at the Amazon company booth during the China International Import Expo in Shanghai on November 7, 2022. Photo: EPA-EFE
People wait in line at the Amazon company booth during the China International Import Expo in Shanghai on November 7, 2022. Photo: EPA-EFE
READ FULL ARTICLE