Suzhou Jinzhu Air Jet Weaving Company sent its staff home for a one month “holiday”. Photo: Sidney Leng
China’s textile capital Suzhou was struggling before the trade war tariffs rises, now factories are closing their gates
- Over 500 companies in the eastern Chinese city exported 28 per cent less in the first four months of 2019 compared to the same time last year
- Woven fabric is included on the list of US$200 billion worth of Chinese goods now covered by the 25 per cent tariffs imposed by US President Donald Trump
Topic |
China economy
Suzhou Jinzhu Air Jet Weaving Company sent its staff home for a one month “holiday”. Photo: Sidney Leng