Posted by brian jones 11 on 12/07/2021 14:08:55:
BTW I have no idea how PRC is able to send stuff halfway round the world and sell it on Ebay delivered to me <£2
Actually, the answer is quite simple, it is subsidised by Royal Mail to the UK or by Canada Post to Canada, etc. etc.
This is thanks to the UPU (Universal Postal Union) that has designated China as "undeveloped" and should therefore be subsidised.
This takes the form of vastly reduced "terminal dues", which is the amount payable to the receiving Post Office for actually delivering the package.
In many cases, local businesses are disadvantaged by much higher delivery costs making it difficult for them to compete with products shipped from China. As a result, a year or so back, the US was threatening to leave the UPU if the Chinese subsidy was not withdrawn – I am not sure what the eventual outcome was.
Clive