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Longer supply shortage seen as China's factories squeezed

Published: May 27, 2021

BusinessWorld May 27, 2021 | 6:39 pm REUTERS ERIC LIâs factory making glass lampshades for companies including Home Depot, Inc. is being stretched to its limits with sales doubling their pre-pandemic level. But like many Chinese manufacturers, he doesnât plan to expand operations â a reticence that could slow the pace of Chinaâs economic growth this year and prolong a shortage of goods being felt around the world as demand picks up. Surging prices of raw materials means âmargins are compressed,â explains Mr. Li, owner of Huizhou Baizhan Glass Co. ...

Source: bworldonline.com

Surge in prices of raw materials casts shadow on China's industrial sector

Published: May 26, 2021

Beijing [China], May 26 (ANI): A wave of shutdowns and temporary production stoppages across Chinese factories due to surging costs of raw materials has raised concerns over inflation risks in the world's second-largest economy.

Source: aninews.in

Surge in prices of raw materials casts shadow on China

Published: May 26, 2021

A wave of shutdowns and temporary production stoppages across Chinese factories due to surging costs of raw materials has raised concerns over inflation risks i

Source: shanghainews.net