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Wow - that first statistic is terrifying, I had no idea things were turning so fast.
by i_am_nomad 8y ago
Wow - that first statistic is terrifying, I had no idea things were turning so fast.
- zazen 8y ago@evenequator is not using the statistic he quotes correctly. From the article: >A recent UBS China survey of 200 manufacturing companies with significant export business or supply to exporters revealed the trade war has had a negative impact on 63 percent of those businesses. >A quarter of those affected have cut jobs, 37 percent have moved production out of China in the past 12 months, while 33 percent plan to move in the next 6-12 months. So it's 37% of 63% of a sample of 200 particularly strongly affected businesses, not at all 37% of global CEOs/businesses as GP was leading us to believe.