HONG KONG — U.S. President Donald Trump’s volatile tariff policy was supposed to hammer Gong Yongqiang’s Christmas decoration business.
Instead, his factories have been churning out goods at full capacity since May. Sales for the entire year are on track to grow by 20% from 2023, supported by a surprising surge in demand from countries including Muslim-majority Indonesia and Malaysia, according to Gong, who has been exporting Santa Claus figures and other Christmas objects from China for the past decade.
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