Economics
Chinese Factories Humming Doesn’t Mean Everyone Is Buying
- Companies say orders are better but there’s a long way to go
- Both domestic and global consumption remains fragile, at best
A person wearing a protective mask works on an air conditioner production line in Wuhan, China, on March 25.
Source: AFP via Getty Images
This article is for subscribers only.
China’s factories are starting to hum again, but executives are now worried that the rebound could falter on weak demand at home and abroad.
Justin Yu, a sales manager at Zhejiang-based Pinghu Mijia Child Product Co. that makes toy scooters sold for American retailers, is among those seeing their order book improve from the depths of the coronavirus lockdown, but remain well below normal.