Talking about the recent scenario of import export in China, it couldn’t be wrong in stating that ‘The trade war is already pushing the businesses out of China, and this could be permanent too’. Because of the current trade war situation, China is selling fewer goods related to American manufacturing companies, and the same situation prevails in the USA for selling Chinese goods.
The trade war has always affected the global trade numbers, and hence, such situations must be controlled before it begins affecting the entire trade cycle. Vaibhav Sharma the founder and director at Impexperts, has recently stated in an interview that ‘Indian companies must become aggressive for taking advantage of the US-China trade war.’ He also added, ‘It’s time for our Indian exporters to help the country in increasing the export percentage’.
Friends, the recent scenario of import export in China is quite bearish. For more details and information on any topic related to import export; please log on to www.gfebusiness.org.