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Private Sector Struggles In Major Chinese Industrial Base As Export Orders Shrink: Local Businessmen
Private Sector Struggles In Major Chinese Industrial Base As Export Orders Shrink: Local Businessmen
Authored by Alex Wu via The Epoch Times (emphasis ours),
Amid China’s persistently sluggish economy, Zhejiang Province, a major production and industrial base in eastern China, is seeing a decline in trade orders as private enterprises struggle to stay afloat, according to industry professionals who spoke with The Epoch Times.
Workers load goods for export into a container at a logistics hub in Yiwu, Zhejiang Province, China, on April 29, 2025. Kevin Frayer/Getty Images
As the “hollowing out” of...
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