‘We will have to raise prices’: gloom and resolve in Yiwu, on China’s trade war frontline

At Yiwu, the world’s largest wholesale market in China, vendors are reducing their exposure to the US amid escalating trade tensions, but fear the impact of a potential global economic shock. With tens of thousands of suppliers operating in Yiwu International Trade City, the city serves as a key battleground in the trade war between the US and China. As the two countries continue to impose tariffs and engage in heated rhetoric, vendors at Yiwu are on the frontlines of this economic conflict.

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