Source: China – South China Morning PostChina’s express delivery industry is responding to a broad government push to limit downward price spirals by raising courier fees in e-commerce hubs, a move analysts said could ease pressure in the short term, though weak demand could cause the fierce competition between firms to persist.
After several local postal administrations made changes to their fee structures, the minimum delivery surcharge in Yiwu, Zhejiang province – the world-renowned centre for the production of small commodities –…Read More