中國經濟

Chinese factories choke on complex cocktail

At the Winfire cigarette lighter factory in the eastern Chinese city of Wenzhou, Hannah Sun, the foreign trade manager, does not need economic data to know that manufacturing in China is struggling.

Earlier this year, a big overseas client stopped new orders at the company because of global uncertainties, forcing the factory to sack about 40 of its 100-strong workforce.

“The situation is even worse for shoe manufacturers,” Ms Sun says. “This is normally a very busy time for them but this year lots of shoe factories have just stopped production altogether and many migrant workers have been fired and returned home.”

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