- As China’s “zero-Covid” lockdowns continue to impact manufacturing operations and delay cargo outputs, U.S. manufacturing orders in China have plunged by 40 percent.
- Between August and November, China to U.S. container volume dropped by 21 percent.
- Factories in China are closing two weeks earlier than usual ahead of the Chinese New Year.
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U.S. Manufacturing Orders In China Down 40 Percent
‘Very bad time for the shipping industry’
