With many traders and manufacturers in Guangdong’s key apparel hub finding themselves with huge amounts of surplus stock and nowhere to export it to amid the COVID-19 lockdown, targeting the domestic market via live video-streaming services has proved a lifeline for many.
Hong Kong manufacturers looking to diversify their operations could consider the Russian Far East or the ASEAN (Association of Southeast Asian Nations) region as attractive investment destinations, Hong Kong Trade Development Council (HKTDC) economists said when announcing the Council’s Export Index for the first quarter of 2019.
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