American shoppers flock to Chinese e-commerce apps for cheap purchases as homegrown apps threaten price spikes

Source Cryptopolitan

American consumers are turning en masse to Chinese e-commerce apps in search of bargain goods, concerned prices on domestic platforms may rise due to US President Donald Trump’s tariffs. The fear-birthed online shopping spree has made apps like DHgate, Taobao, and Shein top download charts in the United States.

DHgate, a Chinese e-commerce platform known locally as Dunhuang, surged to the second position in Apple Inc.’s US App Store rankings, according to mobile analytics firm SensorTower. 

The app, affectionately dubbed “The Little Yellow App” by bargain-hunting shoppers, saw its popularity accelerate upwards after viral TikTok videos promoted low-cost luxury lookalikes it had on sale.

TikTok videos push American consumers into Chinese online stores

According to Bloomberg, the shared clips claim that high-end Western brands, such as Hermes and Louis Vuitton, source their goods from Chinese factories, and the same factories are now selling directly to consumers via platforms like DHgate. 

One video promoted a replica Hermes handbag, prompting viewers to “save money and get Birkins and Mini Kellys just in time for summer 2025.”

DHgate listings show that over 10,000 pairs of imitation Lululemon yoga pants, normally priced at $98, were sold for just $13 each. Meanwhile, a knockoff Louis Vuitton pochette wallet, retailing for $1,490 in stores, was available for $3.24, with more than 100 units already sold.

The buying frenzy caused shares of CTS International Logistics Corp., which partners with DHgate, to shoot up by 10% on the Shanghai Stock Exchange Wednesday.

According to local news outlets, on April 11, DHgate issued an open letter to its merchants to introduce its “Tariff Escort Plan.” In response to US tariffs that had reached 125% at the time, the marketplace said it would assist sellers with subsidies, promotional traffic, and logistical support to stabilize business operations and maintain price competitiveness.

The platform, founded in 2004 by Wang Shutong, a former executive at Microsoft and Cisco, supports more than 2.6 million registered suppliers. It has over 30 million products listed and operates across 200 countries and regions. 

Wang, often referred to in local media as the “female Jack Ma,” also co-founded Joyo.com, one of China’s earliest e-commerce ventures, which Amazon later acquired.

Europe worried about Chinese goods on the EU market

In the East of the US, European leaders believe the indirect consequence of Trump’s tariffs is a market flocked by Chinese goods. If the US successfully restricts most goods from China, the Asian nation could begin offloading its industrial overcapacity onto Europe, threatening local industries and market stability.

Liana Fix, a fellow at the Council on Foreign Relations, called the situation “a tipping point for the continent.” 

There is a general trend and a feeling in Europe that in these times, Europe has to stand up for itself and has to protect itself,” she said.

The European Commission, led by President Ursula von der Leyen, had promised to “engage constructively” with Beijing, but von der Leyen told reporters she was well aware of the risks posed by a flood of underpriced Chinese goods. 

We cannot absorb global overcapacity nor will we accept dumping on our market,” she surmised, announcing the creation of a task force to monitor imports for signs of market dumping.

In the United Kingdom, domestic retailers also fear that goods previously destined for the US will now be redirected toward British shores. The British Retail Consortium (BRC) warned that a loophole for low-cost imports was closed when Trump slapped Chinese goods with a 145% tariff.

Retailers are very concerned about the risk of some lower quality goods being rerouted from the US to Europe due to the tariffs,” said BRC chief executive Helen Dickinson.

Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin falls below $75,000 as the CLARITY Act fails in the Senate — what the vote means for cryptoThe US Senate blocked the Digital Asset Market CLARITY Act in a 49-50 procedural vote, sending Bitcoin briefly below $75,000 — its biggest one-day drop since June. Ethereum fell more than 8%, Coinbase slid 10% and $75 billion of crypto market value evaporated. Here is what the vote was, why it failed, and the levels that matter now.
Author  Suzie
Sep 16, Wed
The US Senate blocked the Digital Asset Market CLARITY Act in a 49-50 procedural vote, sending Bitcoin briefly below $75,000 — its biggest one-day drop since June. Ethereum fell more than 8%, Coinbase slid 10% and $75 billion of crypto market value evaporated. Here is what the vote was, why it failed, and the levels that matter now.
placeholder
US to delay new "overcapacity" tariffs on China — what the pause means for trade, inflation and the dollarWashington is expected to hold off announcing new tariffs over Chinese "overcapacity" until after the 24 September summit, according to Bloomberg. The postponed plan would have added 7.5% to Chinese goods, taking second-term US tariffs to around 20%. Here is what is on the table, and what a deal versus no deal would mean for the yuan, Hong Kong equities and the dollar.
Author  Mitrade
Sep 18, Fri
Washington is expected to hold off announcing new tariffs over Chinese "overcapacity" until after the 24 September summit, according to Bloomberg. The postponed plan would have added 7.5% to Chinese goods, taking second-term US tariffs to around 20%. Here is what is on the table, and what a deal versus no deal would mean for the yuan, Hong Kong equities and the dollar.
placeholder
Gold ends three-week slide at the $4,400 line — eight straight days of ETF inflows vs a 5% 10-year and a 100 dollarSpot gold closed Friday at $4,378.39, up 0.84% on the day and about 0.8% for the week — its first weekly gain in four weeks — with the intraday high of $4,399.67 leaving it 33 cents shy of the $4,400 line. Gold ETFs have now logged eight straight sessions of inflows, but with the 10-year back above 5% and the dollar index near 100, here is what decides whether this is a reversal or a bounce.
Author  Suzie
Sep 20, Sun
Spot gold closed Friday at $4,378.39, up 0.84% on the day and about 0.8% for the week — its first weekly gain in four weeks — with the intraday high of $4,399.67 leaving it 33 cents shy of the $4,400 line. Gold ETFs have now logged eight straight sessions of inflows, but with the 10-year back above 5% and the dollar index near 100, here is what decides whether this is a reversal or a bounce.
placeholder
Bitcoin squeezes back above $80,000 — 110,000 traders liquidated as the hawkish Fed and CLARITY setback fail to hold it down; is $83,000 next?Bitcoin closed above $80,000 on Friday for the first time since September 7, and pushed to $81,299 over the weekend, triggering about $603 million of liquidations — $523 million of them shorts — across more than 110,000 traders. With the Fed's hike already priced and the SEC and CFTC advancing crypto rules after the CLARITY Act failed, here is what stands between BTC and the $83,000 gate.
Author  Suzie
Sep 20, Sun
Bitcoin closed above $80,000 on Friday for the first time since September 7, and pushed to $81,299 over the weekend, triggering about $603 million of liquidations — $523 million of them shorts — across more than 110,000 traders. With the Fed's hike already priced and the SEC and CFTC advancing crypto rules after the CLARITY Act failed, here is what stands between BTC and the $83,000 gate.
placeholder
Bitcoin rallies near $86K on improving markets ahead of quarterly options expiryBitcoin (BTC) market conditions improved over the past week as spot buying pressure strengthened and derivatives positioning increased, pushing the top crypto near $86,000.
Author  FXStreet
2 hours ago
Bitcoin (BTC) market conditions improved over the past week as spot buying pressure strengthened and derivatives positioning increased, pushing the top crypto near $86,000.
goTop
quote