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Supply Chain Crisis

How Long Will The Supply Chain Crisis Last?

U.S. Transportation Secretary Pete Buttigieg said some of the supply chain crises we are currently facing could last “for years.

This is not the first time that the supply chain crisis has been raised for several years. In a recent interview, Pete Buttigieg said “it’s an incredibly complex situation” and that the government is holding online “roundtables” with port operators, unions and private companies. Nevertheless, he also previously told MSNBC that the “challenges” will continue, not only “for a year or two, … Read the rest

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China Bedding Industry

2021 China Bedding Industry Development Forecast

I.China Bedding Industry development trend

Diversification of sales channels

The sales model of Chinese home textile industry has experienced “horse-race”, “online and offline integration” and “e-commerce power”. Three stages of development, “Internet + home textile” production and sales model has become an industry trend. The explosion of the Wanghong economy has led to a further shift in the sales model of the home textile industry. The brands are vigorously developing live streaming channels, joint web-celebrity anchors to create explosive products and improve brand awareness. … Read the rest

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Upgrade of Xianju Craft and Gift Industries

Upgrade of Xianju Craft and Gift Industries Shows Prosperity

“From January to August this year, the total output value of Xianju craft and gift industry reached more than 4 billion yuan, an increase of about 30% year-on-year.” Xianju Craft and Gift Association President Wang Huanyong said, “the epidemic brought back orders from Vietnam, the Philippines and other places; home normal

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China Garment Export

Analysis Of The Situation Of China Garment Exports In 2020

As a traditional pillar industry of China’s national economy, the apparel industry has an important position in the macro industrial layout of China. According to the National Bureau of Statistics, in 2019, enterprises above the scale of China’s apparel industry achieved a cumulative operating income of RMB 1,601.033 billion, accounting for 1.51% of the RMB 105.78 trillion operating income achieved by industrial enterprises above the scale of the country in that year.

China's garment export status
Analysis the China garment export status and industry chain
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Epidemic In Southeast Asia

The Epidemic In Southeast's Impact on the Global Industry Chain

Since June this year, the rapid spread of the Delta strain has triggered a new round of outbreaks in Southeast Asia, with record numbers of new confirmed cases in many countries. With the aggravation of the epidemic and the escalation of preventive measures, many factories in Southeast Asian countries had to reduce or shut down their production, making the already fragile global supply chain suffered a new blow.

Since last year’s outbreak until June this year, Vietnam has never had

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