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Chinese manufacturers in fighting spirits despite scrapped US orders

Factories in China are facing cancelled or suspended export orders to the United States due to the trade war with Beijing. The US president has raised levies on Chinese goods, and the Chinese government has responded with its own retaliatory duties. The World Trade Organization predicts that the tit-for-tat could reduce US-China trade in goods by 80 percent. Chinese factory owners in Zhejiang province are diversifying their client base to reduce their dependence on the US market. Despite the challenges, many factory owners and workers in China are adopting a steady and united attitude.

Original article source: https://www.dailymail.co.uk/wires/afp/article-14601431/Chinese-manufacturers-fighting-spirits-despite-scrapped-US-orders.html
Source Id: 8631710371

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