Archive October 2018

Chinese Factory Scams Target Foreigners

China’s manufacturing activity grew at the slowest pace in more than a year in August, with export orders shrinking for a fifth month and employers cutting more staff.

Sadly, the gloomy findings reinforce views that China’s economy will cool further in coming months, as the United States ramps up tariffs on Chinese goods. This declining Baltic Capesize Index(BCI) shows that economic stress on SME manufacturers in China continues to increase. Read More