11 Apr
China’s small exporters must adapt or die
NINGBO, China (Reuters) - Chen Lifeng’s dress-making company survived the global financial crisis yet may fall victim to today’s milder economic slowdown, one that China deems necessary to secure its future growth. His company, Ningbo Tengsheng Garments Co., is grappling with slackening overseas sales, rapid wage rises and higher raw material costs that erode already [...]
