Like many of china's win-win trade dynamics yiwu isnt a sceret at all if you are a small business entrepreneur connected with import/export wholesalers who does your due diligence on the ground and earns local trust the way adam smith described transparent buyers and sellers do
Yiwu is a city dedicated to wholesaler shopping malls from all over the world. Its been that epicentre since the beginning of china's's return to world trade fairs but originally the import stalls for around the world had quite a low reputation. Two things change that - china's 700 million emerging middle class buying power has been on the up and up - now the chinese are interested in unique quality products not cheap products. Yiwu is also the terminal for the 26 nations across eurasia connected by rail. In recent years the fifth district has become the most upmarket merchandise area- with everyone of these 26 countries best produce showcased. This 5th district is also where the smartest african importers are now represented. All over china buyers come to yiwu or at least they use to until yiwu go offers an online portal - see asian insight nhkworld to see who's each nations main guide to importing/exporting out of china ( is yiwu the most entrepreneurial marketplace in the old world or what?)
yiwu Also hosts an annual now biannual commodities import market - today over 100 nations make this biannual event integral to their world trade diary
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Consequences what happens when America's richest programmer bill gates reviews Ezra Vogel- Asia-America's kindest connector. .. Macraes' last 100 trips to Asia - they started with dad Norman Macrae teen serving in allied bomber command (today's Myanmar)- The Economist became min diary of Norman Macrae's half century of asian trips from Myanmar 1943 on- we archive that at normanmacrae.net economistjapan.com; connection of my 50 trips with 5 generations of my family in Asia only made full sense from 2001 and mostly 15 trips to Bangladesh thanks to interviews with Fazle Abed & friends 1 2 3 and young chinese scholars at his 80th birthday filled most gaps EconomistPoor.com .. Asia trips 1 to 51 india -1-3 1984-2004; indonesia 4-7 (1982-1994) ; singapore 8-10 (1982-1992) japan (11-17) 1985-2013; thailand (18.19) 1984-1995 ; malaysia (20-21) ; 1993 korea (22-23); 1990-2017 bangladesh (24-39) 2007-2018; dubai (40,41) 2015,6; qatar(42) 2017; china (43-50) 2016-2019 hong kong 51 (1996) like 7 members of my scotttish family tree i have enjoyed the huge privilege of learning more about advancing the human lot from the two thirds who are asian than my own race caucasian
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