40% of Chinese factories in Gabon have ceased production

40% of Chinese factories in Gabon have ceased production
It is estimated that about 40% of Gabon’s Chinese factories have ceased production. In some cases, the plywood plants still operating in Gabon, Congo and Cameroon cut production to 70% of pre-pandemic levels.    Chinese suppliers realize that when the consumer economy will recover from the impact of the pandemic, they will face new players in India, the Middle East, Vietnam, the Philippines and South America that need to diversify their sales and will face more competition.    The investments made by the Asian companies, in particular, the Chinese companies in the ...

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