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Wednesday, June 26, 2019

To dodge trade war, Chinese exporters shift production to low-cost nations

Pressured by a labor crunch and rising wages in China, Shu Ke'an, whose company supplies bulletproof vests, rifle bags and other tactical gear to the United States, first considered shifting some production to Southeast Asia a few years ago, but nothing came of it.


from Reuters: Business News https://ift.tt/31YwFuX

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The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions. from BBC News https://ift.tt/Qa8WeBq