Part 3/12:
Inoton, a factory owner from eastern China, highlighted a stark contrast in profitability: while her clothing items yield a profit of $2.74 per piece sold abroad, domestically, the profit drops to a mere 27 cents per piece. Khaling Shu, an economics professor, cautioned that the shift towards domestic sales might lead to significant business closures, further weakening consumption in a market that is already struggling. The Chinese government, in an effort to support local transitions, has initiated matchmaking events and established a substantial fund to assist companies in marketing their products within China.