Chinese manufacturing recovering, but demand now a concern: EU business group

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Manufacturing in China, the original epicentre of the COVID-19 pandemic, has largely recovered, but now shutdowns in the rest of the world are threatening the supply of key parts and demand, a European business group in China warned on Monday.

“On the manufacturing side, it actually has been recovering quite well, surprisingly well,” EU Chamber of Commerce President Joerg Wuttke said at an online news briefing.

Some overseas orders have been scrapped as the pandemic ravages the economies of China’s trading partners, with many privately-owned exporters firing workers and warning about factory closures in the near future. While manufacturing has been coming back, companies are vulnerable to supply chain issues potentially stopping the arrival of key parts, he said.

 

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China must be held accountable for the death and suffering they have unleashed on the world. MakeChinaPay FreeHongKong YangFightsCCP NakumooFightsCCP lsm2035608886 graysonyang taylor_nakumoo

It will be a concern I hope, everyone must do their bit to not buy from China, try and buy local if you can. You do not need their counterfeit, toxic, cheap plastic trash

Lock down like the rest of the world ! Respect !! Bit like sprinter cheating !

Their fault.

Just shown up on my time line as a promotion tweet. Why should a journalist be promoting herself on twitter. Please investigate how many such “journalists “ are now active on Twitter & warn people to be careful about the content.

No more words... No more excuses!

Shame on EU business group . You are supporting Chinese government who deliberately killed so many innocent citizens of your countries ChineseVirus19

is there any country still want to deal with China after what they've done to us?

Haven't you heard? !% China.

🤣😂🤣😂. When the china first hit...the rest of the world needed china product which has been stop. Now the chinese are getting ready tu pump up , The demand from the rest of the world shrunkened. 😂🤣😂 Malay has a good analogy for this.. 2 x 5. Ahahahahah

They'll sell them to the dead populace

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Kudlow: ‘Pay The Moving Costs’ Of American Companies Leaving ChinaPost-pandemic, a slow severing of ties with China. World war Fk that. These multi billion companies can pay their own freight to get back in the US. No tax dollars for this shite There is NO financial break the GOP is not willing to give corporations.
Source: Forbes - 🏆 394. / 53 Read more »