(Bloomberg) — China’s factories are starting to hum again, but executives are now worried that the rebound could falter on weak demand at home and abroad.Justin Yu, a sales manager at Zhejiang-based Pinghu Mijia Child Product Co. that makes toy scooters sold for American retailers, is among those seeing their order book improve from the depths of the coronavirus lockdown, but remain well below normal.“We are seeing more orders coming in this month as we get closer to our normal peak season,” Yu said. “But our orders are still 40-50% lower than last year.” The factory’s production capacity is running …read more
Source:: Yahoo Finance
