Balancing Cross-Border E-Commerce Against Capital Outflows

A new law in January should boost China's cross-border e-commerce, but rules now introduced by SAFE also reflect concerns about controlling capital outflows.

4 minute readMay 09, 2019 at 11:57 PM

Marilyn Romero

Balancing Cross-Border E-Commerce Against Capital Outflows

Late last year, the Ministry of Commerce, the National Development and Reform Commission, the Ministry of Finance, the General Administration of Customs, the State Administration of Taxation and the State Administration for Market Supervision, jointly issued a Circular on Improving Supervision of Cross-Border E-Commerce Retail Imports, which took effect on January 1, 2019.

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