China’s Foreign Trade Collapses! Century-Old US Textile Giant Pulls Out, 90% of Factories Close

China's economy keeps sliding. Investment is slowing, consumer spending is weak, and exporters are under enormous pressure. To stay afloat, business owners are cutting jobs and wages. Some simply disappear. Just after the National Day holiday, workers returned to their factories to find the equipment gone and their bosses unreachable. Their supposedly “guaranteed” pay vanished overnight.

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