T-shirts for three euros, a shower head for five euros, vacuum cleaners for 20 euros: Chinese stores are conquering the European market. But both the quality of the products and consumer rights often leave much to be desired; there is ‘scrap commerce’. What you can do if the delivery does not arrive or if instead of quality there is only junk in the package and under what circumstances you can abandon the purchase for a whole year – explains Krone+.
“We are seeing a significant increase in complaints about dropshipping companies,” emphasizes Joachim Kogelmann, lawyer at the Association for Consumer Information. With dropshipping, retailers sell goods without ever having them in stock (see fact box). The packages are now even clogging up air freight. Temu and Shein transport 4,000 to 5,000 tons by air every day. In Germany alone, 400,000 parcels arrive every day, in the US this number is 600,000, putting global logistics to the test.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
