Abe Eshkenazi, CSCP, CPA, CAE | March/April 2016 | 26 | 2
For Chinese supply chain professionals, 2016 is off to a turbulent start. Although the Chinese government continues to report overall growth, many experts say the nation is in a manufacturing recession. At the end of last year, its industrial production posted one of the weakest gains in the last quarter-century. Since then, the Chinese tin-producing industry, which has been one of the largest in the world, announced manufacturing cutbacks in late January. Chinese markets are in disarray, and near-term outlooks are less than optimistic as other Asian countries vie for shares of its production.