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The global online e-commerce store admits that support for third-country traders in the mainland of the world's second-largest economy will be halted, reported Econ.bg
In view of the pressure from competitors, Amazon.com Inc. said on Thursday that it is planned "operational corrections" in China to "focus more on cross-border sales."
The global online e-commerce store admits that support for third-country traders in the mainland of the world's second-largest economy will be halted. The online Amazon.cn platform in China will continue to operate until July 18, the company's announcement says.
The ecommerce giant will shutter its domestic marketplace which allowed shoppers to buy from local sellers on its site.
Chinese shoppers however will still be able to order products from Amazon's global store once its local store closes in July and the company will continue to operate its cloud business in China.
Amazon's decision is due to the fact that the Chinese online shopping market is dominated by local giants such as JD.com Inc. and Alibaba Group Holding Ltd.
An outbreak of the deadly Nipah virus in West Bengal, India, is sparking concern across Asia, prompting heightened screenings at airports and border crossings
A Chinese military spokesperson on Tuesday criticized the Philippines for disrupting peace and stability in the South China Sea, accusing it of co-opting countries outside the region to organize so-called "joint patrols.
Chinese Vice Premier He Lifeng on Tuesday called on the global community to firmly support multilateralism and free trade, and stay committed to win-win cooperation.
China saw its birth rate hit a record low in 2025, as the country’s population declined for the fourth consecutive year, raising concerns about long-term demographic and economic pressures for the world’s second-largest economy,
Breaking with the United States’ previous approach, Canada announced it will cut its 100% tariff on Chinese electric vehicles, in exchange for lower Chinese tariffs on Canadian agricultural exports. Prime Minister Mark Carney said the deal sets an initial
China and Canada released a joint statement on Friday following high-level meetings held during Canadian Prime Minister Mark Carney’s official visit to China from January 14 to 17, undertaken at the invitation of Chinese Premier Li Qiang.
The United Kingdom has decided to extend the validity of the general license covering Lukoil’s subsidiaries operating in Bulgaria, the Ministry of Energy announced.
As of February 6, 2026, Bulgaria continues to make steady progress in withdrawing the national currency, the leva, from circulation.
The fully renovated underground parking facility at Terminal 2 of Vasil Levski Airport in Sofia has officially opened, offering parking for over 900 vehicles.
Bulgaria has taken on new debt amounting to 150 million euros through the issuance of government securities, according to results published on the Bulgarian National Bank (BNB) website.
In December 2025, Bulgaria’s industrial sector showed modest growth following two consecutive months of decline, yet on an annual basis, production fell for the 13th month in a row.
In December 2025, Bulgaria’s total exports of goods rose by 2.5% compared to the same month a year earlier, reaching 6.7364 billion leva (€3.44 billion), after a contraction of 4% in November.
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