April-May China Bulletin

A tax on e-commerce business, first considered in 2003, was recently raised by Jindong Zhang, chairman of the electric chain store, Suning, and is under consideration by several departments in the PRC government under the lead of the Ministry of Commerce.  China’s online shopping industry has overtaken Japan’s and is expected to exceed the U.S.’s to become the largest online retail market this year.

Questions?  Contact Allan at china.desk@ishimarulaw.com for a complimentary response.

Leave a Reply