Watch: U.S. tariff threats not so scary when you trade with the world
Visiting Yiwu, world's supermarket
You probably don't realize it, but you're using products from this city in China. It could be toys, shoes, festival items, religious products, or even something as small as the buttons, threads, and zippers on your clothes.
Yiwu, located in Zhejiang Province in southeastern China, is known as the "supermarket for the world" because it offers the most comprehensive selection of small commodities, attracting businesspeople from over 200 countries and regions.
Are exporters in this city worried about the on-and-off tariff bluffs from the U.S.?
I visited Yiwu and spoke to businesspeople from both China and abroad to find out whether their businesses have been affected by the tariff drama the U.S. government has unleashed on the world.
Recently I have a number of hobby products from China and have to say “ I am very impressed and happy with the products they are just so well made and arrived on time! “
Viva la BRICS, viva la BRI and viva la China.
Prof Jeffery Sachs has said for a few years now: 'We need to find another way' and BRICS and the BRI look to be that way.
I just hope my Govt. here in Australia wake up to that fact and change course.
Soon.