Tag: Temu

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Trump Tariffs Boosting Nigerian E-Commerce Giant

The CEO of the Nigerian e-commerce company Jumia says the Trump administration’s tariffs are easing its access to Chinese manufacturers. Francis Dufay told Bloomberg that trade barriers in the U.S. are forcing Chinese suppliers to find other markets, which benefits Nigerian consumers. This is strengthening Jumia’s hand ...

Trump Tariffs Herald Trade Chaos

The Trump administration marked what it called “Liberation Day” with the imposition of sweeping tariffs on imports from numerous trade partners. The White House described the measure as rectifying “a lack of reciprocity in our bilateral trade relationships, disparate tariff rates and non-tariff barriers” imposed by foreign ...

Chinese Export Surge is Destroying Millions of Jobs Across the Global South

From Mexico to Malaysia, countries across the Global South are finding it increasingly difficult to compete with a massive surge of Chinese exports that are undercutting local producers and prompting mass lay-offs. Indonesia's textile and apparel industry lost a quarter a million ...

Nigerian Shoppers Succomb to Massive Temu Marketing Blitz

Chinese online retailer Temu is now the most downloaded app on both the Android and Apple stores in Nigeria thanks to a massive marketing campaign that has blanketed the West African country with promotions for low-cost products imported directly from China.

The Global South is Becoming More Central to China’s Trade

While China’s trade data this month was largely gloomy, it also reflected interesting shifts. A breakdown of the data published by the Chinese publication Guancha showed that trade with key parts of the Global South is trending upwards. For example, the Association of Southeast Asian Nations is currently ...

Analysis from Cobus van Staden

The Pain of Un-Polarity

“THE G2 WILL BE CONVENING SHORTLY!”
This post by U.S. President Donald Trump in the run-up to his meeting with Chinese President Xi Jinping last week may end up leaving a more lasting mark than the actual summit he attended.

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Chinese Shopping App Temu Suspended in Vietnam: State Media

Chinese shopping app Temu has been forced to suspend its services in Vietnam after it failed to register with authorities, state media said on Thursday. Goods ordered on Temu were no longer being cleared through customs in Vietnam, state media reported, ...

Thailand Prepares for Influx of Chinese Products Amid China-U.S. Trade Tensions

For decades, Lampang province in northern Thailand has been synonymous with its iconic porcelain rooster bowls. Known as the country's ceramics hub, the province produces handcrafted tableware and stoneware sold in domestic markets and exported to Europe, the U.S., and neighboring countries.

Buy Now, Pay Later: Latin America Pressured by Chinese Online Shops

By Paulina Abramovich Isidora Olave opens a package containing a T-shirt, a skirt, and a handful of glitter stickers shipped to her front door in Santiago, Chile, all the way from China, almost 20,000 kilometers away.

WEEK IN REVIEW: Wang Yi’s Phone Call With Israeli FM Israel Katz

China’s Hithium Energy Storage Technology Co signed a joint venture agreement with the Saudi Arabian company MANAT to build a Battery Energy Storage System (BESS) factory in the kingdom. The facility will have an annual capacity of 5GWh (gigawatt-hour). (ZAWYA) China and ...

The Impact of Chinese Overcapacity on Developing Countries

South Africa this week joined a growing list of developing countries around the world that have introduced tariffs on certain Chinese imports to protect local producers. Indonesia, Mexico, Chile, and Brazil, among others, have also introduced similar duties on Chinese steel ...