CHINA, AMAZON ARRIVES IN “FREE TRADE ZONE” OF SHANGHAI

The best defense is a good offense. Amazon is well aware that, in the face of the advance of Asian rivals Alibaba and JD.com, has seen fit to go on strike at the heart of their “empire.”
In China, that is, the market that the U.S. e-commerce giant intends to attack by the free trade zone near Shanghai.
The company of Jeff Bezos has signed a memorandum to go and settle in the area opened last year, in which there are rules for imports and exports are less strict than in the rest of the country.
Objective: to provide the products to Chinese consumers but also give the possibility to Chinese SMEs to export their products abroad.