[unable to retrieve full-text content]After nearly three decades, Lin Danru, 54, fears that his sock factory’s days are numbered. Export orders have dried up amid the coronavirus pandemic. Domestic sales have plunged. And frankly, none of his five daughters want anything to do with the antiquated manufacturing business model.The warehouse of his factory, Staryee Knitting, in the manufacturing hub of Dongguan in southern China’s Pearl River Delta, is full of boxes upon boxes of unsold socks. Lin estimates 4 million unsold pairs are…
He Huifeng considers the following as important:
This could be interesting, too:
Mike Shedlock writes Millennials Screwed Again, This Time on Unemployment
Mike Shedlock writes Understanding Political Polls: Is the GOP Underweighted?
Kathy Lien writes What EURJPY Sell-Off Says About Broader Markets
Lambert Strether writes 2:00PM Water Cooler 8/10/2020