HONG KONG • A quarter of Chinese production capacity used by global sportswear brands is lying idle as the protracted trade war pushes the biggest sports labels out of China's factories, said a manufacturing executive.
In an interview with Bloomberg in Hong Kong, Xtep International Holdings chairman Ding Shui Po said the exodus is forcing factories to offer discounts of 10 per cent for companies such as his to use their dormant production lines.
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