US Tariffs Force Chinese Factories to Halt Production, Seek New Markets
A wave of factory shutdowns is sweeping through China’s industrial heartlands as U.S. tariffs render exports uncompetitive, forcing manufacturers to either relocate production or pivot to new markets. According to China’s Ministry of Industry, over 4,200 factories suspended operations in Q1 2025—a 35% increase from 2024—with electronics, textiles, and automotive suppliers hardest hit. Key Developments: […]