CNBC's The China Connection newsletter: China’s attempt to pivot away from the U.S. starts with this...

TL;DR


Summary:
- The article discusses how the city of Yiwu in China is adapting to changes in global trade, particularly the decline in exports to the United States.
- Yiwu is known as the world's largest small commodity market, with over 70,000 vendors selling a wide range of products.
- The city is now focusing on expanding its domestic market and exploring new export opportunities in other countries, as it seeks to reduce its reliance on the US market.

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