Amazon sets up warehouse in eastern China for faster overseas ecommerce, signalling confidence in consumer spending

The ecommerce giant is setting up a bonded warehouse in Ningbo, which it estimates will cut shipping times by four to five days. Amazon closed its China store in 2019, but it maintained operations for cross-border ecommerce, which has exploded in popularity. — SCMP

US ecommerce giant Amazon.com plans to set up a bonded warehouse in Ningbo, a major shipping hub in eastern China’s Zhejiang province, to expedite deliveries of foreign goods, showing confidence in Chinese consumer spending in an otherwise weakening economy.

The forward bonded warehouse, a first for Amazon’s Global Store business, is expected to open in 2023 to help Chinese consumers buy from its UK and Germany platforms, the company announced over the weekend at the China International Import Expo in Shanghai, an annual event promoted by the Chinese government to woo investors.