Business / Christmas business

Yiwu thrives in Xmas products market

(chinadaily.com.cn) Updated: 2012-09-20 15:48

Yiwu thrives in Xmas products market

A woman purchases Santa Clauses at the Yiwu International Trade City in Yiwu, Zhejiang province, Sept 19, 2012. Hit by the EU debt woes, Yiwu decided to shift its focus to emerging markets such as South America, Russia, Africa and India. From January to July, the city's export value of Christmas products reached $38.8 million, up 71.6 percent year-on-year; the total shipment has grown 74.1 percent year-on-year to hit 6,800 metric tons. Yiwu boasts the largest small commodity market in China and supplies half of the world's Christmas products. [Zhang Jiancheng/Asianewsphoto] 

Yiwu thrives in Xmas products market

A merchant from South America selects Christmas balls at the Yiwu International Trade City in Yiwu, Zhejiang province, Sept 19, 2012.  [Zhang Jiancheng/Asianewsphoto] 

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