China’s Garment Industry: A Tipping Point?
Guangzhou’s Garment Industry Under Pressure From Trade Tensions Guangzhou — May 20, 2024 — The garment industry in Guangzhou, China, is at a critical juncture. Faced with escalating trade tensions and domestic economic headwinds, factories are struggling. The combination of tariffs, rising costs, and declining consumer spending is forcing many businesses to re-evaluate their operations. … Read more