LANGFANG, China -- From switching to cheaper fabrics to clearing order books from the U.S., Chinese furniture manufacturers in this city just south of Beijing are hurriedly adjusting to the new reality of 25% tariffs.
Home to the largest concentration of furniture factories in northern China, Langfang offers a snapshot of what is happening in the country -- once dubbed the factory of the world -- as it marked the slowest economic growth since 1992, according to statistics released Monday.
