China has launched a cross-border e-commerce hub with its trading partner Latvia. The hub has been opened at the Baltic Container Terminal in Latvia’s capital, Riga, in order to develop the commercial relationship between China and Latvia and to make products from Latvia and Central and Eastern European countries easily available to the Chinese market. The secretary of state at Latvia’s ministry of economics, Ēriks Eglītis, has spoke positively of the launch of the hub, and has said “the annual trade turnover between China and Latvia, currently valued at 640 million Euros, will soon grow to a billion Euros and beyond.”
China Launches Cross-Border Hub in Latvia
