In Washington, China hawks say its economy is too weak to withstand a tariff shock. In the city of Yiwu, factories are showing why, for now, that may be a miscalculation.
An interview with a 26-year-old entrepreneur, who has taken seven trips to China to buy handbags, clothes and jewelry. “China is the center of everything,” she said.
China’s baby boom enriched a small Irish town where a Nestlé factory made formula for Chinese newborns. Then a baby bust unraveled it all. Or so it seemed.
For American manufacturers, it is hard to quit China and its unrivaled factories. One industry is defying that reality as it shifts more production to Vietnam.
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