Suppliers in Huaqiangbei, Shenzhen, China are experiencing unprecedented cold winters and pressures. Previous financial tsunamis, subprime crisis, and stock market crashes have not been felt firsthand.
This time is different, believe me, this time is really different. When the unprecedented Great Depression approaches, no one may realize that we are living in historical events. And this time it seems like it's global. In our industry, it can radiate to various countries and industries. Previously, there were always regional and industry hedges in business, with the east not bright and the west bright. This time it won't light up.