BYD comes to Thailand and China stakes its rare earths claims

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The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

Hello everyone, this is Cissy from Hong Kong. I took a personal trip to mainland China over the long weekend, as July 1 is a public holiday marking the handover of the city from British control. The crowd at the checkpoint for the border crossing between Hong Kong and Shenzhen was unbelievable — a little bit chaotic and very noisy, with someone always trying to cut in line. For a moment when I was boarding the train back to Hong Kong, I even felt like I was fleeing a calamity.

In a recent meeting with top Chinese sellers, the US group outlined the new channel, which aims to airship goods to American shoppers from warehouses in China, according to a presentation seen by the Financial Times’ Ryan McMorrow and Tina Hu. Amazon hopes to have Chinese factories shipping direct by this autumn. The discount goods will move from an Amazon warehouse in China to the US via cargo plane and on into the company’s vast fulfilment system.

 

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