In a report by Business Hala, “China’s factory output and consumer spending have rebounded to above pre-pandemic levels but export demands are uneven as governments fight the outbreaks of the new coronavirus variant.”
China’s manufacturing activity in June dipped slightly as export demand decreased and manufacturers dealt with supply constraints. The numbers of new export orders, production, and factory gate prices all decreased.
According to Business Hala “The index of production fell 0.8 points to 51.9 from May. New export orders fell by a similar margin to a one-year low of 48.1. This was offset by strong domestic demand, which raised the measure of new orders by 0.2 points to 51.5.”
Are you thinking of sourcing away from China? If so, one of the biggest alternatives is India.
But as you may know Alibaba doesn’t work so well when it comes to sourcing Indian suppliers.
That’s why I’m super excited to learn that my friend Meghla Bhardwaj is launching India Sourcing Network
This is a site that includes everything you need to source Private Label products from India. Meghla and her team promises:
To kick things off, you’re invited to join the India Sourcing Network launch party here!
When: Fri Jul 2nd at 8pm EST (launch date: Friday Jul 2, 8PM ET)
Here’s a preview of what to products you can expect from India:
Upcoming webinar “Building customer and brand avatars with Ben Leonard” Friday, July 2nd, 4 PM EST
You will learn:
Here are some things you may have missed from last week:
Have a great weekend!
PS: If you haven’t already, I’d love to hear your feedback about the next 7 Figure Seller Summit launching this Aug – pls fill out this 5 min survey to help me create the best online event to build, grow, and exit your ecom business. 7FSS5 Pre-event Survey