COVID-19

Chinese manufacturing orders drop as consumers pull back on goods

Laborers work at a factory’s workshop in Huaying, Sichuan province of China. Getty Images Chinese manufacturing orders are reportedly down by as much as 20-30%, according to logistics sources responsible for moving the finished products from Chinese manufacturing plants to the Chinese ports. “As consumers move from purchasing stuff to buying services, importers continue to …

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Car shortage hampers auto dealers – The Royal Gazette

Auto Solutions: Glen Smith, left, and Harry Andrews (File photograph by Akil Simmons) More than two years after the world first locked down for Covid, supply-chain disruptions are still impacting the global auto industry. Among the affected businesses are Pembroke’s Auto Solutions and the Hamilton dealership Bermuda Motors. The biggest issue is the global shortage …

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