In the year of 2023, the economy of China faced the direct impact of China-US trade war, cooling manufacturing, and downward investment sentiment. As a bridge between buyers and sellers, Sunplus is in the middle of this challenge. With our Project Management Program and the help of our business partners, we have helped a few clients to re-evaluate, re-connect and re-build quality control system of their new Southeast Asia plants. |
Annual sales of E-cigarettes and other electronic nicotine delivery system have risen in value from a few million dollars to dozens of billion dollars in the past ten years. However, more and more evidences show smoking E-cigarettes could harm health. In some reports, it could even possibly cause cancer, just like traditional cigarettes. The World Health Organization has called for the regulation of E-cigarettes as both tobacco and medical products. The practice of advertising and selling E-cigarettes and vaporizers has also been increasingly regulated across the world. |
The Trade War waged by U.S. government against China is affecting almost every aspect of the global economy. It has been a “lose-lose” situation for both countries and the wider world, and it seems it will not stop any time soon. Research shows that companies with global supply chain are adjusting their structures and models to cope with this situation, hoping to minimize the negative impact. Some companies are rushing to move their factories from the mainland of China to other places, such as Vietnam, Thailand and Cambodia where they believe are far away from the trade war. However, more and more countries are becoming US’s targets. No country is safe. |
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