Reported 2 days ago
Chinese exporters are reluctant to switch their sales strategy to the domestic market despite government calls, due to low profit margins and payment delays from local retailers. Many companies, like Eno Qian's clothing factory, face challenges such as weak domestic demand and high competition, making it economically unviable to focus on local sales. The government has initiated measures to support domestic sales, but exporters stress the need for further assistance, such as tax support, to survive amidst rising tariffs from the U.S.
Source: YAHOO