trade tariffs – China’s small and medium-sized manufacturing companies

china’s small and medium-sized manufacturing companies, traditionally the backbone of the economy, are bearing the brunt, according to ye tan, an independent economist based in shanghai “economic figures have already started to reflect the downturn but we cannot tell exactly how awful it is,” ye said “for some technology companies or larger companies that have bargaining power, the impact is not so big ” china’s small and medium-sized manufacturing companies, traditionally the backbone of the economy, are bearing the brunt, according to ye tan, an independent economist based in shanghai