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Lunar New Year Celebrations Impact Global Commerce
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The Lunar New Year celebrations in Asia, particularly China, will impact global commerce. U.S. importers are concerned about the impact, as factories in China may halt production. Despite recent easing, the timing of the celebration, China's diminished role in the marketplace, soft business conditions, and high factory inventories are key factors to consider.
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How have the Lunar New Year celebrations impacted global commerce in the past?
How might the diminished role of China in the marketplace affect global commerce?
What steps can U.S. importers take to mitigate the potential disruption?
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