Source: Yiwu sourcing agent Author: Date: 2009-06-21
The Chinese city of Yiwu is on the move . Yiwu is a major destination for Arab traders . But China's exports have collapsed in the past six months and city hasn't been spared . So,the city's manufacturers look like they've spent some money,created a corporate logo,and hired out part of the Dubai International Convention and Exhibition Centre for three days in June . The press release claims that the UAE has taken over the United States as Yiwu's largest export market .
This is a sign of how far demand from the UAE has risen,or how far demand from the United States has fallen .
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