China was considered a developing country with cheaper rates for a long time by the Universal Postal Union, an international agreement that sets the rates for postage. The agreement was renegotiated recently so maybe that will change.
https://www.cbc.ca/radio/costofliving/shipping-canada-china-1.6950967
This and the Chinese government subsidises their postal service.
Another example of the Chinese undercutting the true cost of products in order to destroy markets abroad, just like they are trying with EVs.
Or, hear me out, some services don’t have to be profitable, like sending put parcels and letters within a country, healthcare or public transportation. Essential services you know.
Instead of giving money to mega corpos for them to pocket it, we could pay for services that benefit the citizens, just like China is doing for postal services.
