In this clip from the Decoding Cross-Border Ecommerce podcast, we explore the profound impact of China's emergence as a major player in global trade. Despite being an emerging market with low terminal dues, China exported vast quantities of goods, leading to imbalances in compensation. By 2015, the U.S. faced a significant deficit and pressured the UPU to adjust rates or risk their withdrawal. Discover how these dynamics influence international shipping and global ecommerce strategies.
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