As US trade truce gets back on track, some Chinese exporters are 'slowly dying'
Jacky Ren, who owns a kitchen appliance factory in China, says exporters in his industry are now selling at a loss to keep their U.S. clients, with little power to say "no" to requests for lower prices on products facing higher tariffs. If an exporter does not take such orders, Ren said, "you will die immediately. So, people think it's better to die slowly." U.S. and Chinese officials agreed...
0 Comments 0 Shares 1K Views 0 Reviews
Sponsored
Sponsored
Sponsored
google-site-verification: google037b30823fc02426.html