Perhaps the defining feature of the global economy
is precisely that it is global. Toys from China, copper from Chile,
T-shirts from Bangladesh, wine from New Zealand, coffee from Ethiopia,
and tomatoes from Spain. Like it or not, globalisation is a fundamental
feature of the modern economy. In the early 1960s, world trade in merchandise was
less than 20% of world e...
YANG MING IS standing beside his red electric
tricycle in a courtyard in Beijing. A former factory worker from an
industrial town outside the capital, he and dozens of other men are
awaiting the arrival of a lorry. As it pulls in from JD’s warehouse, the
men form an assembly line to unload boxes. They reload the packages to
their tricycles and are off, weaving through the traffic. JD has abou...
Chinas express delivery volume reached 50.71
billion pieces in 2018, more than the advanced economies of the United
States, Japan and Europe combined. In 2018, China delivered over 50 billion packages,
accounting for more than half of worlds total. This means each Chinese
person had 36 packages delivered on average. China had 232 large
automatic sorting centers for express de...