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Global Times: 'First strengthen yourself, then compete': firms in China's Yiwu focus on boosting competitiveness amid US tariffs

  • Businesses in Yiwu, China are adapting strategies amid recent US tariff disruptions.
  • The US imposed extraordinarily high tariff rates against Chinese products causing these disruptions.
  • Companies quickly shift focus, securing new clients in South America, Africa, and the Middle East.
  • A staff member noted, "Combined, they present strong demand growth."
  • Yiwu demonstrates export resilience through diversified trade and significant growth with emerging markets like BRI partners.
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Global Times: 'First strengthen yourself, then compete': firms in China's Yiwu focus on boosting competitiveness amid US tariffs

BEIJING, April 26, 2025 /PRNewswire/ -- Inside a shop at the Yiwu International Trade City in East China's Zhejiang Province, visitors are greeted by a colorful array of household items such as water bottles and storage boxes in various sizes.…

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大纪元 Epoch Times broke the news in on Saturday, April 26, 2025.
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