Singapore-based Shopee has replaced US e-commerce giant Amazon to be the number 1 e-commerce application worldwide this year, according to data published by Adjust and Sensor Tower, a market intelligence provider of global application economy. Last year, the champion of global e-commerce application went to Amazon.

International sea freight forwarders have lifted General Rate Increase (GRI) worldwide for October, leading to an expectation on record high prices in the fourth quarter as ports are congested, media reports said.

Air cargo prices in Shanghai surges 70% to 80% since mid-August as the number of flights reduced, China Central Television said. The case is especially serious on European routes that prices climb to an average of CNY55/kg from CNY30/kg, with a reduction of about 50 flights, the Chinese media cited a local freight forwarder as saying.

That’s why it is important to have an experienced and responsible freight forwarder.

The sixth Olympic medal for Hong Kong! Kudos to Sarah Lee Wai-sze!!

China is going to replicate the existing cross-border eCommerce (CBEC) pilot zones to the whole country for international market expansion between 2021-2025, Premier Li Keqiang said earlier. The State Council unveiled 46 new comprehensive pilot zones for CBEC, bringing the total to 105 zones in 2020.