China ups e-commerce delivery fees to stave off harmful price spirals

China's express delivery industry is responding to a broad government push to limit downward price spirals by raising courier fees in e-commerce hubs , a move analysts said could ease pressure in the short term, though weak demand could cause the fierce competition between firms to persist. Advertisement After several local postal administrations made changes to their fee structures, the minimum delivery surcharge in Yiwu, Zhejiang province - the world-renowned centre for the production of small commodities - rose by 0.2 yuan (0.3 US cents) at the end of July. And starting in August across Guangdong province, another major e-commerce…