Economics
China Bets Vast Supply Chain Can Swallow Trump's Tariff Pain
- History shows China will retain non-U.S. supply chain: analyst
- Tariff impact on China manufacturers may be muted: Panjiva
Photographer: Qilai Shen/Bloomberg
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China is banking on its dominance of global supply chains to help it ride out the pain from Donald Trump’s trade war.
Consider the case of pallet jacks made by Staxx Material Handling Equipment Co. from Ningbo on the nation’s east coast. Chinese production dominates the lower end of the market with a big price edge over western competitors, says export director Thomas Wang, speaking at this month’s Canton Fair in Guangzhou.