Chinese companies expect more tariff changespublished at 14:09 British Summer Time
Chen Yan
Reporting from Hong Kong
Companies in China are preparing for more tariffs down the line, despite the 90-day pause announced earlier today.
“To be
honest, many Chinese companies no longer believe that tariffs will remain
unchanged. For businesses, the best they can do is build a moat around their
company before the next round of tariffs arrives,” said Elaine Li, head of Greater China at
Atlas Ways, which offers services for Chinese enterprises’ global
development.
Elaine Li told BBC Chinese that for many Chinese exporters, the latest
tariff reductions are only temporary.
The rapid changes in tariffs led them to
a more diversified global strategy, and they have already moved from getting
orders passively to exploring international markets proactively. “It’s hard to wake
someone who’s
pretending to sleep, but it’s even…
