China’s new campaign to limit online selling is bad news for daigou, a popular practice in which Chinese middlemen buy goods like cosmetics or baby formula abroad and resell them back home. It is also bad news for companies, particularly in nearby South Korea, that rely heavily on such sales to professional shoppers. Eight Chinese government departments earlier this month launched a campaign called “Internet Sword,” to enforce the country’s new e-commerce law in the coming six months. The law, which came into effect in January,...

Source: Wall Street Journal July 01, 2019 11:03 UTC