Machinery Anchors China’s Exports, But Vehicles Are the Breakout Growth Story
Electrical and mechanical equipment remain China’s largest export products, while vehicles have nearly tripled since 2021
Electrical and mechanical equipment remain China’s largest export products, while vehicles have nearly tripled since 2021
Consumers are increasingly buying more affordable products that offer something cherished in tough times: emotional value. Pop Mart’s trendy and affordable toys are a case in point.