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May 7, 2008

Chinese suppliers struggle with US slowdown

A huge number of Chinese manufacturers are worried about the US retail downturn – even though the country accounts for less than a fifth of China’s apparel sales. One reason is that their businesses were set up to exploit the US’ relatively large orders, believes Mike Flanagan, and that learning to adapt to non-US markets is one of the biggest challenges facing Chinese suppliers today.

A huge number of Chinese manufacturers are worried about the US retail downturn – even though the country accounts for less than a fifth of China’s apparel sales. One reason is that their businesses were set up to exploit the US’ relatively large orders, believes Mike Flanagan, and that learning to adapt to non-US markets is one of the biggest challenges facing Chinese suppliers today.

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