Yiwu – A brilliant performance in the financial crisis

Yiwu – A brilliant performance in the financial crisis

Yiwu Amanda reports: Splendid Performance of Yiwu in Financial Crisis. Yiwu, the front field of China’s commodities trade, has suffered greatly from the economic crisis. But the increase of 11.6% for the first 3 quarters indicates the strong life of Yiwu market.

Although it is still one month away from the lunar New Year, the festival ornaments and gifts have shown their great popularity in Yiwu wholesale market. The purchase peak of Christmas commodities has just gone, and the national buyers are coming for the New Year’s goods.

“This is my fifth time to come here although I just came two weeks ago,” said Chang Xiaolei, general manager of Australia Huiji International Trade Company. In his eyes, Yiwu is not just an ideal platform for buying, which also provides a golden key to shaking off the financial crisis.

Due to the financial crisis, the retailing structure in western countries has experienced some changes: sales fall, price decreases, and margin reduces. He said that they had to buy many kinds of products and more commodities with the same amount of money. So it is natural for them to go to buy goods from the manufacturers for many times.

Yiwu, the front field of China’s commodities trade, has suffered greatly from the economic crisis. But the increase of 11.6% for the first 3 quarters indicates the strong life of Yiwu market.

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