Smaller Chinese manufacturers are bracing for a drop-off in exports next year as a result of uncertainties surrounding global market demand. Photo: AFP
China’s manufacturing outlook up in the air as supply-chain issues threaten to take shine off roaring exports in 2022
- Raw-material prices may keep rising next year, but experts say shipping cost pressures could gradually wind down after reaching meteoric highs in recent months
- China’s weak consumption means ‘export orders are still much more profitable than domestic sales’, supply-chain specialist says
Smaller Chinese manufacturers are bracing for a drop-off in exports next year as a result of uncertainties surrounding global market demand. Photo: AFP