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https://www.afinalwarning.com/522862.html (Natural News) A factory of Huizhou Baizhan Glass Co. Ltd., maker of glass lamp shades for companies including Home Depot Inc., is being stretched to its limits with sales doubling their pre-pandemic level. But the company based in the southern Chinese province of Guangdong, which makes about $30 million in annual revenue, doesn’t plan to expand operations. According to Eric Li, the company’s owner, surging prices of raw materials means “margins are compressed.” With the global economic recovery still uneven, “the future is very unclear, s...

As China’s factories squeezed.

World faces longer supply shortage as China’s factories squeezed Sorry, but your browser needs Javascript to use this site. If you're not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ A Lyric Robert factory operated by Guangdong Li Yuanheng Intelligent Automation Co. in Huizhou, Guangdong province, China | BLOOMBERG Bloomberg May 27, 2021 Eric Li’s 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, ...

The combination of higher input prices, uncertainty about export prospects and a weak recovery in domestic consumer demand meant Chinese manufacturing investment from January to April was 0.4% below the same period in 2019, according to official statistics.

BusinessWorld May 27, 2021 | 6:39 pm REUTERS ERIC LI’s 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 doesn’t plan to expand operations — a reticence that could slow the pace of China’s 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 “margins are compressed,” explains Mr. Li, owner of Huizhou Baizhan Glass Co. ...