The economic dynamics of China is worlds apart from the rest of
the world. China strives on its invincible manufacturing capacity,
untiring workforce and economical advancements in technology to
make up its robust economy. It has recently been reported that
e-commerce retailing in China accounts for more than 20% of
China's retail sale of 2017. China is the home of some of the
giant e-commerce platforms such as Alibaba, Taobao, B2C, etc.
However, China is also infamous for the mushrooming of a huge
market of counterfeit.
To regulate this issue with respect to e-commerce retail sale,
China in August 2018, introduced a legislation which, inter
alia, prescribes for the accountability of all stakeholders
involved in the e-commerce transactions. This law has been enforced
from January 2019.
