A man looks at a Chinese online store's website on his smartphone in Beijing on November 11, 2017. China's smartphone masses splurged billions of dollars in an e-commerce bonanza on November 11 as consumers rushed to snap up bargains on "Double 11", billed as the world's biggest one-day online shopping festival.
PHOTO: AFP
China’s market regulator and other government departments have launched an exercise focused on e-commerce, with plans to crack down on areas such as unfair competition and the illegal trading of counterfeits or wildlife, state news agency Xinhua said. The operation will run until December and will also look into areas such as live streaming, which has in the past two years become a popular sales channel in China, Xinhua said on Saturday, referring to a recently issued notice from the State Administration of Market Supervision and other departments.
Published in The Express Tribune, October 25th, 2020.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
1730268379-0/Untitled-design-(68)1730268379-0-270x192.webp "psx recovers 1 600 points after yesterday s nosedive")
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ