Posted 12/10/2023, 12:00:18 AM
US consumers prioritize quality and price over made in China this holiday season
- American consumers largely indifferent about whether holiday gifts are made in China, more concerned about quality and price
- China remains a major exporter to the US, often shipping goods indirectly through third countries
- China investing more in manufacturing capabilities in Mexico and Vietnam to circumvent US tariffs
- Despite trade tensions, China maintains position as primary source of US consumer goods imports
- US holiday sales remain strong, benefiting Chinese exporters; expected economic growth in 2023 bodes well for continued export demand