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China’s on-line buying growth faces EU crackdown

China’s on-line buying growth faces EU crackdown


EU knowledge reveals that 4.6 billion low-value gadgets — valued at beneath €22 and at present exempt from responsibility — reached European shoppers instantly final 12 months, double the quantity from 2023. 91 p.c of such parcels come from China.

“The rise in e-commerce imports to the EU market has introduced with it many challenges,” EU tech chief Henna Virkkunen mentioned in a press release, calling for a “aggressive e-commerce sector that retains shoppers protected, presents handy merchandise, and is respectful of the setting.”

The Commission additionally referred to as on the European Parliament and Council of the EU — representing nationwide governments — to fast-track talks on a customs reform, first tabled in 2023, which proposed scrapping a €150 parcel tax break blamed for fuelling low-cost Chinese on-line retail.

The removing of the exemption is projected to carry customs authorities an additional €1 billion yearly.

It’s nonetheless unclear how a lot the brand new dealing with payment can be and the way it will work.

“How massive is the payment is one thing that we are going to decide with the co-legislator,” a Commission official briefed reporters forward of the publication, stressing that “the aim is to not disincentivize the acquisition [from third-country traders] however higher equip the customs authorities.”

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Written by EGN NEWS DESK

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