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Chinese exporters turn to domestic market amid US trade tensions and soft global demand.
Chinese exporters are shifting focus to the domestic market due to softening overseas demand and trade tensions with the US.
E-commerce giants like WeChat, JD.com, and Suning.com are aiding this transition by offering support such as direct procurement and dedicated sales zones.
This move aligns with China’s push to boost domestic consumption for long-term economic growth.
Official data shows a 4.7% year-on-year increase in domestic sales for US-bound exporters in April.
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Los exportadores chinos recurren al mercado interno en medio de las tensiones comerciales estadounidenses y de la débil demanda mundial.