Orders for textiles in Guangdong have plummeted by half, pushing the industry to the brink of crisis. Guangdong, as the final hub of China’s textile supply chain and the world’s largest fashion center, is now facing a serious order shortage.
Take the Guangzhou Textile Import and Export Group as an example. Their business with the US has shrunk by 50%, and profits are squeezed to the point where it’s hard to breathe. They tried to pivot to domestic sales, but the sizes just don’t match. It’s really difficult.
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