Regarding the next steps for China's trade with other countries and the United States, one is to conduct entrepot trade, the second is to invest in Southeast Asian countries, and the third is to export related products to a third state, which will then export similar products to the United States.
This gives us an inspiration that Chinese companies should be more proactive in investing globally. Previously, Chinese companies that went global were not diverse enough to completely avoid trade risks with the United States. In the future, Chinese companies going global may need to move towards more diverse destinations and operate more diverse products in order to cope with risks and prevent risks.
For enterprises, they should consider various possible solutions. The situation of each enterprise is different. When transiting to other countries, enterprises should consider diversification and extensively engage with other intermediaries or transit merchants. Chinese enterprises should be prepared to resolve trade conflicts between China and the United States and reduce tariffs on both sides. What's more, enterprises should also find the best backup options to protect their interests to the maximum extent and smoothly navigate through this period of high tariffs.
