With the Chinese New Year quickly approaching on January 26, glove suppliers are quickly working to finalize business with manufacturers. The national holiday is the most significant of the Chinese calendar, and results in shutdown of government offices and other businesses for several days.
The official holiday spans from January 25-31, but many businesses close much sooner and may remain closed into February to allow migrant workers to return home. When the economy is strong, some factories will remain open through the holiday. This year, however, with weakened global glove demand, expectations are that all factories will close, even if only for a brief period of time.
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