Chinese beauty products show resilience despite US-China trade war
While the US-China trade war has battered exports from soybeans to solar panels, Chinese beauty product exports such as wigs and false eyelashes have remained largely unaffected.
The US-China trade war has significantly affected a range of Chinese exports, from soybeans to solar panels, but the country's beauty products industry has proven remarkably resilient, according to a report from France 24.
The report notes that Chinese-made beauty products such as wigs, hair extensions and false eyelashes have continued to sell well despite tariffs, with low prices and strong consumer demand helping offset the added costs.
China's press-on nail industry, which is concentrated largely in a single city, has also continued operating without significant disruption from the trade dispute.
The resilience of these sectors comes as US President Donald Trump and Chinese President Xi Jinping prepare to meet in Washington this week, with major trade issues expected to be high on the agenda.
Sources
- Chinese beauty products prove resilient amid US-China trade war — France 24 — English
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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