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"A '19 report found volume of goods made in camps & entering US supply chains is⬆️. Bc these often hidden in lower tiers of complex global #supplychain, standard due diligence unlikely to be effective"
Any co w/o an active war-room is asking for trouble
https://www.supplychaindive.com/news/xinjiang-uighur-human-rights-abuses-supply-chain/580936/
US-China #Phase1 update:
May goods exports to #China ⬆️ & now "only" $200M behind May '17. Ofc, by now supposed to be $3B+ ahead
Jan-May almost $9B behind Jan-May '17. Q1 services $2B behind, supposed to be $4B ahead
'20 vs '17 =the key. But ultimate Q: will POTUS defend this?
Indeed. Business lending is falling right now, esp at SMEs, mostly due to a surprising slide in their loan demand
OTOH, property investment, & presumably speculation w/it, jumping sharply. And particularly in those areas of property that have been no-go for past 3yrs
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China Beige Book provides institutional investors and corporate decision-makers with market leading insights derived directly from our nationwide proprietary data on the Chinese economy.
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