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China’s Supply Chain Frontliners Bear Brunt of Surging Costs

By Quality Herald

China’s Supply Chain Frontliners Bear Brunt of Surging Costs

06/07/2021 China’s factories, power plants and farms are fielding the worst effects of a surge in commodity costs that’s yet to hurt the wallets of the nation’s citizens.
Electronic goods makers are balking at the volatility in raw materials prices and are cutting orders for rods and pipes, said Henan Qixing Copper Co. That’s a double blow for the supplier of metal parts, which is already dealing with soaring refined copper prices.
“It’s a big test of the company’s capital,” said Hai Jianxun, a sales executive at Qixing, a mid-sized copper fabricator in China’s industrial base. This situation “requires much more capital to keep the business running.”
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