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Home » Tag Archives: Economic recovery in China

Tag Archives: Economic recovery in China

The Second Virus Shockwave Is Hitting China’s Factories Already

Employees work on an air conditioner production line at a Midea factory in Wuhan, March 25.Photographer: AFP via Getty Images

BLOOMBERG, March 27, 2020 European, U.S. firms canceling orders and delaying payment | China looking at 10% export contraction in 2020: Macquarie By Jinshan Hong and Lin Zhu for Bloomberg – ​Since last week, emails from foreign clients have been flooding into export manager Grace Gao’s in-box, asking to delay orders already made, putting goods ready to be shipped on hold until further …

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