Foxconn Halts in Chengdu, US-Bound Containers from Hong Kong Drop 90%, China Admits Trade Struggles
Foxconn Halts in Chengdu, US-Bound Containers from Hong Kong Drop 90%, China Admits Trade Struggles
Udumbara
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After the continued escalation of the US-China tariff war, several foreign trade factories in Guangdong, Jiangsu, and other regions in China have suspended production and laid off workers. Orders have sharply decreased, and unemployment is spreading.
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