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Looks like activity in that subreddit has died down quite a bit from the mid-2020 highs: https://subredditstats.com/r/avoidchineseproducts/#:~:text=compare-,Co
by aragonite 3y ago
Looks like activity in that subreddit has died down quite a bit from the mid-2020 highs:
https://subredditstats.com/r/avoidchineseproducts/#:~:text=compare-,Comments%20Per%20Day,-Jan%202020 https://subredditstats.com/r/avoidchineseproducts/#:~:text=c...
- consumer451 3y agoSure, but: > The data shows that factories are producing less and hiring fewer people," said Dan Wang, chief economist at Hang Seng Bank China. "(The data) could also show a loss of confidence in government policy," she added, warning factory activity was unlikely to improve anytime soon as other economic problems dominate. [0] > A growing number of companies are looking to move their manufacturing out of China. Companies are examining their heavy concentration in China. Boards and companies are reevaluating their risks and reviewing mitigation strategies. [1] [0] https://www.reuters.com/world/china/chinas-factory-activity-contracts-second-month-november-2023-11-30/ https://www.reuters.com/world/china/chinas-factory-activity-... [1] https://www.forbes.com/sites/betsyatkins/2023/08/07/manufacturing-moving-out-of-china-for-friendlier-shores/ https://www.forbes.com/sites/betsyatkins/2023/08/07/manufact...