Trade war with US triggers wave of factory ‘holidays’ in China’s export hubs

As the U.S.-China trade war heats up, businesses in major export hubs in southeastern China are announcing factory “holidays” – halting production and slashing employee wages and work hours – while turning to social commerce platforms to sell stockpiled goods, as they grapple with a sharp drop in overseas orders.It’s a phenomenon sweeping across China’s export-driven provinces like Zhejiang,