Chinese beauty products prove resilient amid US-China trade war
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The US-China trade war has hit exports ranging from soybeans to solar panels, but one industry appears to be weathering the tariffs remarkably well. As Donald Trump and Xi Jinping prepare to meet in Washington this week, big-ticket exports are likely to be high on the agenda. But...
The US-China trade war has hit exports ranging from soybeans to solar panels, but one industry appears to be weathering the tariffs remarkably well. As Donald Trump and Xi Jinping prepare to meet in Washington this week, big-ticket exports are likely to be high on the agenda. But Chinese beauty products such as wigs, hair extensions and false eyelashes have proved highly resilient, with low prices and strong demand encouraging consumers to absorb the extra costs. China’s press-on nail industry, concentrated largely in one city, is also coming through the trade war without a scratch. Bryan Quinn
Original Source
https://www.france24.com/en/chinese-beauty-products-prove-resilient-amid-us-china-trade-war
