Thursday, October 23, 2014   

Li & Fung supplier factories damaged in Vietnam
(05-15 18:55)

The world's largest sourcing firm, Li & Fung, says factory facilities of some of its suppliers in Vietnam have been damaged in anti-China protests. Speaking at the company's annual general meeting in Hong Kong, its chairman William Fung Kwok-lun said he was concerned about the violence in Vietnam, and the impact of the protests are being assessed. Vietnam accounts for seven percent of the company's sourcing. Fung said its United States clients would be most affected by the unrest in Vietnam. --RTHK   
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