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Politics : Politics for Pros- moderated

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From: TimF10/22/2022 12:04:35 AM
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China, ‘factory of the world,’ is losing more of its manufacturing and export dominance, latest data shows
  • The latest data in the CNBC Supply Chain Heat Map shows China is losing more manufacturing to Vietnam, Malaysia, Bangladesh, India, and Taiwan.
  • Exports in furniture, apparel, footwear, travel goods and handbags, minerals, and science and technology are all declining.
  • China’s ‘Zero Covid’ policy is a big factor, with Port of Ningbo, the world’s largest port, the latest to be impacted.
cnbc.com
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