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Kailash: Selling quality goods from Yiwu in Dubai

chinadaily.com.cn| Updated :2023-10-18

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Kailash Laungani. [Photo/WeChat account: yiwufb]

Kailash Laungani from India has been a resident of Dubai for over 30 years. His journey began back in 1989 when he arrived in Dubai to assist his uncle with his shop.

Through unwavering dedication and hard work, he eventually established his own company, and it is a venture deeply intertwined with China.

Despite residing in Dubai, Kailash maintains near-daily communication with his Chinese business partners. Through frequent video conferences, he stays updated on the status of imported goods from China and their market dynamics, with a significant portion of these products originating from Yiwu.

Located in Dubai's Yiwu China Commodity City, Kailash not only owns a storefront but also rents a warehouse. He proudly states that the goods housed in his warehouse are destined to be shipped to destinations around the globe.

Business in Yiwu, which was once an impoverished county lacking significant natural resources or strategic advantages, originated with a barter system.

Locals traded their homegrown brown sugar for chicken feathers, which were transformed into feather dusters. This trade eventually evolved into an organic market for small commodities, catapulting Yiwu into the national spotlight and earning it widespread recognition.

Today, this place offers nearly 2.1 million varieties of goods that are shipped to nearly every corner of the world. The sales volume in the city has even become a bellwether for global economic trends. Every year more than 560,000 overseas buyers visit Yiwu, and the city also hosts over 15,000 merchants from more than 100 countries and regions.