From Dao county in Hunan province to Suining city in Sichuan and Tongliao city in Inner Mongolia, numerous frustrated workers have taken to the streets to voice their grievances about overdue wages and to contest unfair layoffs at factories forced to shut down due to US tariffs.
A "tsunami" of cheap Chinese imports to the Thai market is impacting local businesses, causing them to lose market share due to the price competitiveness of Chinese goods, potentially leading to factory closures and economic strain within the Thai manufacturing sector.
Despite hopes that surviving 2022 would bring relief, the reality is stark as there are no signs of improvement yet in 2023. Many manufacturing companies in the region have observed a significant shift in global supply chains, with no orders received this year. Factory closure notices are be
Mumbai (Maharashtra) [India], December 7 (ANI/BusinessWire India): Textile and apparel exporters have had to deal with the worst mass layoffs and factory closures during the crisis caused and subsequently exacerbated by the covid-19 pandemic.