China Can Be Deadly For Foreign E-commerce Firms

ChinaChina Tech News — Asos, a leading fashion e-commerce operator in Great Britain, announced plans to end its China business after less than three years of operating in the country. To reduce regional operating costs, the group will shut its businesses in China. Asos’ Chinese website Asos.cn will be closed and its Chinese distribution center and office in Shanghai will also stop operations.

China Can Be Deadly For Foreign E-commerce Firms

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