
Chinese Exporters Pivot Home as US Ends Duty-Free Small Parcel Rule
Chinese foreign trade enterprises pivot to domestic markets after US ends duty-free treatment for small parcels from the Chinese mainland and Hong Kong SAR.
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Chinese foreign trade enterprises pivot to domestic markets after US ends duty-free treatment for small parcels from the Chinese mainland and Hong Kong SAR.
The Chinese mainland’s foreign trade surged by 6.1% in H1 2024, reaching a record high of Β₯21.17 trillion ($2.9 trillion). Exports grew by 6.9%, and imports by 5.2%.