08:52:00 +07:00 China’s economic bright spots provide a warning - Chinese manufacturing has unnexpectedly picked up slightly with increased exports to the US. An interesting point made is that family run factories are now able to send products direct to consumers, which they are experimenting with via companies like Shein and Temu. I heard via Bennedict Evans on his podcast that large clothes stores like Zara and H&M are complaining they still have to pay lots of import tax on their container shipments, something the direct to customer shipers manage to avoid in many cases. # www.economist.com