From Depleted Orders to 20 Years Without Hope: Global Supply Chains Flee China to Avoid Disaster

From Depleted Orders to 20 Years Without Hope: Global Supply Chains Flee China to Avoid Disaster

From Depleted Orders to 20 Years Without Hope: Global Supply Chains Flee China to Avoid Disaster

Historically, summer and fall is when China's manufacturing sector prepares intensively for the American holiday shopping season. Orders flood factories from the Yangtze River Delta to the Pearl River Delta. However, this September, this dynamic industrial zone has fallen eerily silent.
In past years, a Dongguan supplier, striving to meet Amazon's demands, would initiate vast hiring drives. Yet, this year, they've maintained a minimum wage of $2.19 without any new hiring. By comparison, in 2019, Foxconn in Zhengzhou, while catering to Apple, offered summer temps a wage of $4.50, which has now declined to $2.30.