China’s economy is facing a problem as the rest of the world’s economies look towards opening up. Until now, much of retail in Europe and America was either closed, restricted or subject to closure from anti-covid measures. This logically put pressure on Chinese manufacturers who had to struggle in addition to logistics issues. With US consumers coming back to the market, and the backlog of containers in the US being processed, it might seem that large Chinese companies would be looking at smoother sailing. But, the massive stimulus to keep the economy going during the pandemic has pushed up the price of raw ... (full story)