Chinese Manufacturers Facing A Bigger Test Than Tariffs
While China’s export machine has proved resilient since the Iran conflict began, some manufacturers are starting to feel the pain.
A worker monitors the bottling production line at a factory in Shandong. Credit: IC Photo via Depositphotos
The Trump administration may have put a pause on tariff hikes, but some Chinese manufacturers are bracing for another crisis as the closure of the Strait of Hormuz drags on.
Soda cans at the bottling factory of Beijing-based drinks brand Beibingyang. Credit: IC Photo via Depositphotos
“The cost of materials is going up and down like the stock market every day. I’m having a heart attack,” says Chris Tay, founder of No Ordinary Drinks, a Chinese beverage company that also exports
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Concrete outcomes are hard to discern, but Xi Jinping will see the treatment he received from Trump as a sign that China is now a peer of the United States.
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