Chinese e-commerce platforms adjust return policy under economic pressure

In a move seen as an intervention, the Chinese government has ended the enforcement of customer refunds by Chinese e-commerce operators. Moving forward, only merchants will have the authority to initiate refunds, thereby giving them more control over transactions with buyers. Previously, e-commerce platforms could initiate refunds without approval from merchants, allowing customers to receive […] source: https://www.cryptopolitan.com/chinese-e-commerce-platforms-return-policy/