BEIJING - Factories, once filled with workers and constant production, now sit quiet as manufacturing giants are shifting operations from China to India, Vietnam, and Thailand, changing global trade routes. New U.S.

The post Industry Exodus from China: Tariffs, Trade War, and Rising Unemployment first appeared on Chiang Rai Times.

China’s economy, once seen as a powerhouse, is facing a mix of problems that could slow its growth and shake its stability. There’s soaring youth unemployment, a wave of factory shutdowns, slower economic growth, and rising trade disputes fueled by…

The post China’s Unemployment Rate Skyrockets, Factory’s Close Due to Trump Tariffs first appeared on Chiang Rai Times.