Trade Friction

- May 22, 2019-

Trade friction

    The slump in demand and falling orders in Europe comes at a time when Chinese exporters are worried about the European Union's recent tightening of trade policies and a raft of protectionist measures against China.

    Due to the low entry threshold and fierce competition in the handicraft industry, the export of Christmas gifts has dropped by 70% to 80% since last year, and the demand in the European market has dropped sharply.