In the heart of Zhejiang Province on the Chinese mainland, Yiwu has earned the nickname 'supermarket for the world.' What you might not realize is that the toys, shoes, festival trinkets—and even the tiny buttons, threads, and zippers on your clothes—often trace their journey back to this city.
Yiwu's global footprint is staggering: goods from its vast bazaars reach businesses in more than 200 countries and regions. That diversity is more than a selling point—it's a shield against market shocks. When U.S. tariff threats flit across the headlines, many local exporters report they barely flinch.
Our team visited Yiwu and spoke to businesspeople from both the Chinese mainland and abroad. Toy manufacturers, religious-item suppliers, and fashion-accessory wholesalers all point to one clear strategy: diversify. By branching out into emerging markets around the globe, Yiwu exporters can pivot quickly, limiting the impact of any single set of duties.
Whether you're a business strategist, a student of economics, or a globe-trotting digital nomad, Yiwu's bustling markets offer a powerful reminder: when you trade with the whole world, even big tariff threats lose their bite.
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U.S. tariff threats less scary when you trade with the whole world
cgtn.com
