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China’s Factories Are Back, but Where Are the Buyers?
Morning Brew ^ | 31 March 2020 | Neal Freyman

Posted on 03/31/2020 2:58:27 PM PDT by BeauBo

While China’s factory activity hit an all-time low in February, numbers released yesterday showed the country’s manufacturing sector started growing again in March...

China may be getting back to work, but the rest of the world is reading this in PJs. As major economies from the U.S. to India go into hibernation to slow the coronavirus pandemic, there’s very little interest in widgets made from Chinese assembly lines.

“The biggest problem facing China’s economy in the second quarter is the slumping foreign demand,” economist Nie Wen told Reuters.

Orders for new Chinese exports, including steel, are being canceled as the world waits out the outbreak. We’ve come full circle: A couple months ago, global supply chains were thrown into chaos when Chinese factories closed because of the coronavirus. Now that they’re back online, few companies are buying parts.

(Excerpt) Read more at morningbrew.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: manufacturing; trade
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Big changes are afoot, and the Chinese Cough virus is only going to speed things up - maybe it will mark a dramatic inflection point

Supply chains are pulling out of China, strong new re-shoring policies are being considered for manufacturing, and public attitudes are changing.

The cumulative effects of Governments, businesses and consumers; all around the world turning against communist China and their products, could be something that we have not seen yet.

Let's see if outright hostility to the ChiCom Government and their products develops, as we pass through the eye of the storm, of peak death rates from their disease.

1 posted on 03/31/2020 2:58:27 PM PDT by BeauBo
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To: BeauBo

Boycott China.


2 posted on 03/31/2020 2:58:54 PM PDT by absalom01 (You should do your duty in all things. You cannot do more, and you should never wish to do less.)
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To: BeauBo

I will never, ever, so help me God, touch anything from China again.

It’s all infected with their stinking WMD.


3 posted on 03/31/2020 3:01:12 PM PDT by chris37 (Coronavirus wasn't born in a bowl of bat soup.)
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To: BeauBo
Supply chains are pulling out of China ...

Any proof of that? I would bet the world's business leaders who primarily look at the bottom line are more than willing to continue with manufacturing jobs within China.

4 posted on 03/31/2020 3:01:40 PM PDT by CatOwner
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To: BeauBo

I look forward to the last supply chain leaving China and turning off the lights


5 posted on 03/31/2020 3:02:10 PM PDT by chuckee
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To: absalom01

Boycott China.

/
/
American whores called politicans have had their pockets liked by big business to make it easier to do business in this filthy human rights and evironment violating China.

BIG MONEY.

Boycott APPLE and other countries that use them.


6 posted on 03/31/2020 3:02:46 PM PDT by snarkytart
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To: snarkytart

lined** not liked


7 posted on 03/31/2020 3:03:36 PM PDT by snarkytart
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To: BeauBo
Question? HOW COME all I'm hearing is how bad this virus is around the country while our economy is collapsing, yet CHINA the designer of this virus is still functioning and thriving..shouldn't it be far worse for them? What's wrong with this picture and why hasn't those city who house their stock market BEEN HIT yet by the invisible enemy ?!!! Sorry folks but some things I do buy and some I don't! Something ain't right!! China the creator of this killer bug and their country is purring like a kitten Along with their economy ...🤔...Ain't right!! Something stinks!!
8 posted on 03/31/2020 3:04:02 PM PDT by RoseofTexas
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To: BeauBo

I have less hours, but I didn’t get even a whole extra day off yet.

I have some boardgames which I kickstarted that will be here sometime, but I have more puchaces held up by quarantines here in the states than overseas buys.


9 posted on 03/31/2020 3:04:37 PM PDT by MrEdd (Caveat Emptor)
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To: BeauBo

We have vowed that we will not knowingly buy a Chinese product. Of course, they lie, as they did by making their leather goods in their Chinese-owned factories so they could label them “Made in Italy.”


10 posted on 03/31/2020 3:04:54 PM PDT by txrefugee
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To: BeauBo

I’ll bet there’s lots of Native American Reservations that would like to start up manufacturing.


11 posted on 03/31/2020 3:05:08 PM PDT by \/\/ayne (I regret that I have but one subscription cancellation notice to give to my local newspaper.)
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To: RoseofTexas

Germany and Japan were stupid for fighting us. So was Saddam. This will continue because you can’t fix stupid.


12 posted on 03/31/2020 3:05:26 PM PDT by DIRTYSECRET (urope. Why do they put up with this.)
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To: RoseofTexas

Germany and Japan were stupid for fighting us. So was Saddam. This will continue because you can’t fix stupid.


13 posted on 03/31/2020 3:05:26 PM PDT by DIRTYSECRET (urope. Why do they put up with this.)
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To: CatOwner

There’s a good chance you’re right.

Short-term profits, and then in another five or ten years we go through this brown blizzard again.


14 posted on 03/31/2020 3:05:40 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: BeauBo

Let’s keep reminding folks of what happened when they start forgetting.

A Tea Party like movement would be great.

Many important products should be made Here.


15 posted on 03/31/2020 3:06:03 PM PDT by dp0622 (Radicals, racists dont point fingers at me I'm a small town white boy Just tryin to make ends meet)
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To: BeauBo

China isn’t back. That’s just what they want their media lackeys here to think, to make the US look bad.

Wuhan is still a ghost town.


16 posted on 03/31/2020 3:07:02 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: snarkytart

I’ve been boycotting Apple my whole life. The only product of theirs that I own is an iPod, and that was a gift.


17 posted on 03/31/2020 3:07:44 PM PDT by ZirconEncrustedTweezers (Posting from deep within enemy territory - San Jose, CA)
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To: RoseofTexas

Because it is a WEAPON


18 posted on 03/31/2020 3:09:37 PM PDT by datura
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To: RoseofTexas

Because it is a WEAPON


19 posted on 03/31/2020 3:09:38 PM PDT by datura
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To: absalom01

Yeppers.


20 posted on 03/31/2020 3:10:20 PM PDT by cranked
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