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Due to Sluggish Exports, a Long-Established Dyeing and Finishing Company in Zhaoqing, Guangdong, Has Given All Employees a Holiday.
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China's export market remains weak, leading to another wave of shutdowns in Guangdong's textile industry. A long-established dyeing and finishing company in Zhaoqing recently announced a company-wide holiday, ceasing operations from November 5th to March of the following year—a period of four months. As China's exports to Europe and the United States decline, private enterprises are facing increasing difficulties. Guangdong Zhaoqing Hongying Tex…
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