Trade row with US benefiting some firms

One of the unexpected outcomes - a blessing in disguise, if you will - of China-US trade tension is that import-reliant sectors in China are seeking cheaper suppliers at home and abroad, creating unforeseen growth opportunities for Chinese small and medium-sized enterprises, industry insiders said.

SMEs hurt by higher US import tariffs or previously hindered by imports are embracing change and new strategies to thrive amid tensions.

Biobase Group, a manufacturer of laboratory equipment and diagnostic kits based in Shandong province, stands out as one of the firms converting threats into opportunities and challenges into strength-enhancers.