10,000 Chip Companies Fold Yearly, Profits Plummet 90%! China’s Chip Industry Is Collapsing!
According to statistics, in 2023, China saw the closure of 10,900 companies related to semiconductor manufacturing, with an average of 31 such companies deregistering or having their …
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Total Collapse of China’s Apparel Industry: Factories Bankrupt, Wholesalers Give Up, No Vendor Sales
The once-thriving Qipu Road Wholesale Market, a well-known clothing wholesale market in Shanghai, now paints a picture of desolation. The market, which used to bustle with …
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