We're in Santa’s grotto – sort of - a Chinese city that some call the Christmas capital of the world.
With 75,000 traders, across 50,000 stores, Yiwu offers the world’s largest wholesale market across a labyrinth of arcades.
But at a time of growing trade tensions with the US, who’s actually buying the tinsel this year?
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Presenter: Ed Butler
Producer: David Cann
Additional production: Victoriya Holland
(Picture: Crowds of people walking through Yiwu wholesale market. Credit: BBC/Wang Xiqing)
Published on Wednesday, 24th December 2025.
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