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BEIJING: When Kris Lin, who owns a lighting factory in China, received this year's first order from a close overseas client, he faced a distressing choice: Take it at a loss, or tell workers not to come back after the Lunar New Year. "It was impossible for me to lose this order," said Lin, who plans to res
When Kris Lin, who owns a lighting factory in China, received this year's first order from a close overseas client, he faced a distressing choice: take it at a loss, or tell workers not to come... -February 04, 2024 - MarketScreener
Chinese exporters exhibiting their products at the country's largest trade fair said the weak global economy was hurting their businesses, with many freezing investments and some cutting labour costs in response.
Chinese exporters exhibiting their products at the country's largest trade fair said the weak global economy was hurting their businesses, with many freezing investments and some cutting labour costs in response.
Companies might consider cutting labour costs and using fewer workers for shorter periods