YIWU, China -- Christmas has not yet arrived but trader Jiang Qing is already putting away unsold Santa Claus hats, stockings and other ornaments from her 30-sq.-meter store. For her, the peak Christmas sales period is October and this year has not been bountiful.
Economy
Christmas ends early for Chinese exporters as Western demand slumps
U.S. and European customers seek price cuts, making domestic consumption more important
Traders are already storing away unsold Christmas goods after a poor season. (Photo by CK Tan)
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