Best China Sourcing company
That Drives Profit Growth
Is it still a good way to source from China in 2022?
Due to being the hub of COVID-19, China faced some issues with imports and exports in 2020 and 2021. However, a newly launched report has shown that the exports of China are boosting at a quicker speed because of the global demand. Thus, it has assisted in taking pressure off the economy. China has shown an impressive recovery, but the delta variant of the coronavirus has slowed the economic momentum. This has reduced factory activity, increased raw material prices, etc. However, shipments have increased to 25.6% in August from 19.35% in July.