MagazineSep 17, 2012
Early Christmas in China this Year
Still a couple months to go before it's Christmas, but for Christmas decoration factories and retailers in China, it starts as earliest as July and ends in late September, when massive orders from around the world arrive in Yiwu, located 300 km (185 miles) south of Shanghai in the prosperous Zhejiang province. Orders come from places as far away as Europe, the United States and South America. This year, European demand for Christmas goods has dropped sharply, local vendors said. One estimated European orders were down 20 percent from last year, while another said his European orders had fallen by 40 percent.