The China Mail - Tariff uncertainty delays World Cup orders for China's merch makers

USD -
AED 3.672504
AFN 63.501184
ALL 83.130259
AMD 367.93028
ANG 1.790403
AOA 917.496773
ARS 1479.236948
AUD 1.452053
AWG 1.80125
AZN 1.691994
BAM 1.724577
BBD 2.013888
BDT 122.992813
BGN 1.69088
BHD 0.377147
BIF 2984.81535
BMD 1
BND 1.298984
BOB 6.909809
BRL 5.216698
BSD 0.999934
BTN 94.624111
BWP 13.680173
BYN 2.818068
BYR 19600
BZD 2.01104
CAD 1.423499
CDF 2269.000164
CHF 0.81268
CLF 0.023364
CLP 919.489597
CNY 6.790496
CNH 6.81418
COP 3440.27
CRC 455.186766
CUC 1
CUP 26.5
CVE 97.22259
CZK 21.35735
DJF 177.72021
DKK 6.584301
DOP 58.613453
DZD 133.520968
EGP 49.622006
ERN 15
ETB 161.211774
EUR 0.88082
FJD 2.24975
FKP 0.758197
GBP 0.759895
GEL 2.639951
GGP 0.758197
GHS 11.199781
GIP 0.758197
GMD 72.499662
GNF 8761.518452
GTQ 7.627362
GYD 209.162776
HKD 7.84081
HNL 26.719715
HRK 6.637798
HTG 130.744947
HUF 313.603502
IDR 17992
ILS 2.987903
IMP 0.758197
INR 94.314802
IQD 1310
IRR 1375049.999957
ISK 126.979686
JEP 0.758197
JMD 157.488647
JOD 0.708962
JPY 161.80902
KES 129.489911
KGS 87.449805
KHR 4017.494974
KMF 434.00016
KPW 900.00035
KRW 1544.365001
KWD 0.30951
KYD 0.833297
KZT 486.623047
LAK 21948.961236
LBP 90092.82745
LKR 337.341005
LRD 182.134827
LSL 16.58997
LTL 2.95274
LVL 0.60489
LYD 6.405035
MAD 9.401479
MDL 17.709096
MGA 4177.101337
MKD 54.28886
MMK 2099.539901
MNT 3580.066416
MOP 8.076099
MRU 39.982188
MUR 48.210057
MVR 15.460007
MWK 1733.881812
MXN 17.638665
MYR 4.138021
MZN 63.897294
NAD 16.623945
NGN 1372.040311
NIO 36.609812
NOK 9.860795
NPR 151.394749
NZD 1.773065
OMR 0.384507
PAB 0.999965
PEN 3.391297
PGK 4.386951
PHP 61.391994
PKR 278.100478
PLN 3.780697
PYG 6099.351442
QAR 3.635217
RON 4.611398
RSD 103.39201
RUB 74.899324
RWF 1468.89467
SAR 3.759339
SBD 8.051953
SCR 13.495203
SDG 600.497551
SEK 9.770401
SGD 1.297975
SHP 0.746601
SLE 24.75027
SLL 20969.503664
SOS 571.498478
SRD 37.459706
STD 20697.981008
STN 21.603509
SVC 8.749173
SYP 110.532098
SZL 16.590362
THB 33.420204
TJS 9.284423
TMT 3.5
TND 2.937502
TOP 2.40776
TRY 46.493602
TTD 6.780184
TWD 31.767099
TZS 2620.502975
UAH 44.88455
UGX 3689.350352
UYU 39.918699
UZS 12015.000242
VES 620.752985
VND 26335
VUV 118.798432
WST 2.761642
XAF 578.424923
XAG 0.0177
XAU 0.000251
XCD 2.70255
XCG 1.802141
XDR 0.716966
XOF 573.000198
XPF 105.487415
YER 238.625032
ZAR 16.595978
ZMK 9001.200304
ZMW 18.024056
ZWL 321.999592
  • CMSC

    -0.0450

    22.065

    -0.2%

  • BTI

    0.6500

    61.39

    +1.06%

  • RELX

    -0.0600

    31.15

    -0.19%

  • GSK

    -0.9800

    51.09

    -1.92%

  • RIO

    -1.5500

    94.03

    -1.65%

  • CMSD

    0.0600

    22.02

    +0.27%

  • NGG

    1.2600

    82.83

    +1.52%

  • RYCEF

    -0.4700

    18.16

    -2.59%

  • AZN

    2.0000

    183.02

    +1.09%

  • RBGPF

    0.9600

    61.3

    +1.57%

  • JRI

    -0.0600

    12.57

    -0.48%

  • BCE

    0.1600

    23.2

    +0.69%

  • BCC

    5.8600

    77.66

    +7.55%

  • VOD

    -0.2400

    13.81

    -1.74%

  • BP

    -1.4700

    37.86

    -3.88%

Tariff uncertainty delays World Cup orders for China's merch makers
Tariff uncertainty delays World Cup orders for China's merch makers / Photo: © AFP

Tariff uncertainty delays World Cup orders for China's merch makers

Tariff fears are hurting World Cup merchandise orders at Shang Yabing's Chinese knitwear factory, where racks of scarves bear the logos of national teams from Ireland to Tanzania.

Text size:

Manufacturers in China's export hub Yiwu would normally already be inundated with World Cup orders ahead of next summer's football tournament, this time hosted by the United States, Mexico and Canada.

But a rollercoaster ride of a trade war between Washington and Beijing is making international buyers think twice before placing orders with companies like Shang's Yiwu Wells Knitting Product.

When AFP visited his bustling workrooms, Shang was overseeing rows of colleagues adding the finishing touches to a plethora of sports-themed accessories.

"We've been in this industry for over 10 years, and we've produced World Cup-related merchandise for nearly every tournament in that time," Shang said.

"This year, we've secured some smaller orders, but the larger ones that were on hold before haven't materialised yet... this is likely because of the US tariffs," he added.

At the factory on Thursday, crates overflowing with colourful wares surrounded employees' workstations.

Some workers used sewing machines to attach fringe trims to the ends of scarves, while another ironed green and yellow lengths of fabric emblazoned with the word "Australian".

China and the United States have extended a temporary truce, staving off triple-digit tariffs on each other's goods until November, but the two sides continue to spar over semiconductors and TikTok.

With a little under nine months to go before the World Cup, Shang said the company was still waiting for clients to approve substantial orders amounting to around a million pieces.

- 'Lack of clarity' -

Along the fluorescent-lit hallways of Yiwu's sprawling International Trade City, one of the world's largest wholesale markets, stores offering soccer balls and flags were relatively quiet compared to the rush of foreign buyers the sales hub sees during peak periods.

Vendors displayed everything from flag-printed sunglasses to miniature football cleats hanging on keychains.

"By this point before the last World Cup, we saw a huge influx of orders," Daisy Dai, a seller of printed soccer balls, told AFP.

This year, she said, "customers are holding back".

American buyers previously made up a large part of Dai's clientele but "since the start of the trade war a number of large brands stopped ordering, because of a lack of clarity on tariffs".

Zhou Yanjuan, a seller of flags and World Cup-themed souvenirs, told AFP that shipments abroad had slowed for her.

"We're not selling necessities after all," Zhou said.

Still, she was optimistic that "things will gradually improve going forward".

"Everyone's probably waiting for (tariffs) to be adjusted downward," Zhou said.

"That could make things a little easier for us."

A.Zhang--ThChM