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Friday, November 15, 2024

Home Business Pak tea industry faces challenges

Pak tea industry faces challenges

by News desk
August 15, 2020
in Business

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Observer Report

Islamabad

Tea industry in Pakistan is facing huge challenges while China showing an upward trend in its growth, say a report published by Gwadar Pro. Quoting a Canadian scholar Dan Bolton. the report says the trading volume of Pakistan in this sector is decreasing sharply in recent years, especially in 2020. The economic downturn in Europe, Japan and America has also threatened Pakistan’s tea industry. Dan Bolton, founder of the magazine Tea Journey, stated in his latest report that tea industry of China is bucking the trend while global tea market has showed.