IN part it says
"Although the news didn’t specify any time limit for the upcoming new policy enhancements, we believe the policy changes will largely lift concerns over the legitimacy of selling adult supplements, infant formula and cosmetics and other categories through the CBEC channel, at least in the near to medium term.It’s also worth noting that the new policy will increase the single transaction threshold to RMB5000 from RMB2000 currently.
........... Lastly, given that China authorities officially view CBEC imported goods as ‘Personal Use’ items, we see the government is likely encouraging consumer traffic to shift to the CBEC channel from the daigou (individual resellers) channel, and inconsequence will further tighten daigou sales (personal luggage or direct parcel shipping) under the new E-commerce law".
Seems this overhanging risk now is removed. Looking forward to a good day today.
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