Is China’s manufacturing industry really on the verge of collapse? Orders from Vietnam are already booked until June 2025, and India’s situation is even more extreme, with orders extending to the end of 2025. Meanwhile, more and more factories in China are shutting down, and a large number of unemployed workers are looking for jobs. In the past, overseas students shopping in supermarkets often saw products made in China, but now many products are made in Vietnam or India. Why is the share of our country’s products overseas decreasing? This issue really deserves our attention! Right now, many workers are complaining that they can’t make money or find jobs, and they blame their bosses for being heartless. In reality, many bosses are feeling lost too. They’ve sold their homes and cars, and maxed out their credit cards, yet their factories still can’t get orders. Is the manufacturing industry really declining?
Join this channel to get access to perks:
https://www.youtube.com/channel/UCT2kPBcD6tXn8TP_aV7BmgA/join
#chinaobserver
All rights reserved.
⭐You can support us at: https://donorbox.org/china-observer-supporting-independent-news
⭐For business cooperation, please contact us: business@chinaobserver.co