The most negatively impacted by the trade dispute between China and the US are Japan and Germany.

via Daniel Lacalle:

Image

A quarter of the production capacity used by global sportswear brands in China is lying idle

  • China exports $4.7 billion every year in sports apparel, shoes
  • China factories cut 10% prices under falling overseas demand

 

Got a news tip or correction? Let us know

If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.

2 views