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US-China trade decline leads to 20.7 per cent plunge in China’s total exports in February https://www.scmp.com/economy/china-economy/article/2189128/us-china-t
by throwawaybeijjj 7y ago
US-China trade decline leads to 20.7 per cent plunge in China’s total exports in February
https://www.scmp.com/economy/china-economy/article/2189128/us-china-trade-decline-leads-207-cent-plunge-chinas-total https://www.scmp.com/economy/china-economy/article/2189128/u...
"Andy Wong, an export manager of Guanya Lighting, said that his company, which mainly sells desk lamps, is struggling to make adjustments to the new global trade reality, in which bulk orders for thousands, or even tens of thousands, of lamps from US and European retailers have disappeared, replaced by small orders from smaller buyers in “Belt and Road Initiative” countries in Asia and Africa as part of China's plan to grow global trade."
“We used to set a minimum order of 1,000 units. Now we take minimum orders of 20 units,” he said.
China’s exporters fear heyday is over amid sour mood at Canton Fair as US-China trade war lingers https://www.scmp.com/economy/china-economy/article/3006884/chinas-exporters-fear-heyday-over-amid-sour-mood-canton-fair https://www.scmp.com/economy/china-economy/article/3006884/c...
- baybal2 7y agoIt is more like Chinese companies are now gobbling up trade share of US in the world. No longer smaller countries have to buy US branded Chinese goods. They can simply buy direct.