Pandemic Crushes Garment Industry, the Developing World’s Path Out of Poverty

Indonesia Berita Berita

Pandemic Crushes Garment Industry, the Developing World’s Path Out of Poverty
Indonesia Berita Terbaru,Indonesia Berita utama

'It’s not just a temporary setback.” How Asia's garment industry has been upended by the coronavirus.

Many of Asia’s developing countries have long relied on factories producing T-shirts, trousers and shoes that employ millions of people and help them climb the income ladder. This is how Bangladesh slashed poverty, Vietnam began its manufacturing dream and Myanmar set out to grow after years of crippling sanctions.

When the coronavirus struck, stores closed across North America and Europe. Western brands canceled orders worth billions of dollars, leaving shipments of sweaters and jeans with no takers. Hundreds of factories...

 

Ah.. sucked in...

So bring manufacturing back to the US and pay more. How much crap do we need?

And all this time I thought it was 90-day fiancé.

Indonesia Berita Terbaru, Indonesia Berita utama



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