Chinese factories face weak demand amid deflationary recovery
Worry remains that sustained overproduction will lead factories to keep cutting prices
31 May 2020 - 20:53
China’s factories are starting to hum again, but executives are worried that the rebound could falter on weak demand at home and abroad.
Justin Yu, a sales manager at Zhejiang-based Pinghu Mijia Child Product, which makes toy scooters sold for US retailers, is among those seeing their order book improve from the depths of the coronavirus lockdown, but remain well below normal...
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