China's second-generation factory owners go digital to combat challenges

Quick Summary:

Rising wages in China and geopolitical tensions with trade partners including the United States have made alternative locations such as Cambodia and Bangladesh increasingly attractive to clients.

Rose Law, the daughter of a cosmetics factory owner in southern Guangdong province, echoed many of Qiu's thoughts, telling AFP her personal goals include "being able to have a more positive impact on the industry".

On domestic platforms, a six-episode short video drama called "The Empire of Towel" -- made by a towel factory Changerdai -- has billions of views.

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Article Details

Author / Journalist: AFP

Category: Business

Markets: IndiaBangladeshCambodiaChinaUnited States

Topics: Digital business China manufacturing China factory activity China small business Online business

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 10:26:25 (1 days ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1391 words

Reading Time: 8 minutes read

Sentences: 41 lines

Sentence Length: 34 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 23336443

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Official Website: economictimes.indiatimes.com

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