Why the Chinese Musical Instrument Industry Is on the Verge of a Collapse

As China gears up for the 2020 Olympics, there’s been a steady drumbeat of reports of the Chinese musical instrument industry in jeopardy.

But now, with a new report from the National Bureau of Statistics, it’s not only Chinese players who are under attack, but the entire industry.

The report reveals that the number of musicians in the country has plunged to just over half of the nearly 30 million that the country produced in 2008.

And that number is expected to decline further in 2020.

“The Chinese musical instruments industry is currently facing severe economic crisis, with the country’s economy facing unprecedented challenges to the health of its economy, according to the National Statistical Bureau,” the report said.

“According to the latest statistics, the number and number of producers of the musical instruments have fallen by more than 80 percent from 2007 to 2020.

At the same time, the manufacturing industry is also at risk of losing its competitive advantage.”

While the number dropped significantly, the report noted that “the total number of performers, producers, and employees has continued to grow, reaching an all-time high of almost 2.4 million in 2008.”

In the last two years, there has been a “significant increase in the number [of] producers,” the National Statistics Bureau said.

In fact, the Bureau also noted that the total number was nearly double what it was in 2008, the year China launched the Games.

“At the same rate, the production capacity of the country increased by more then 40 percent during the same period,” the bureau said.

And the number that remained was expected to grow even more, as the country launched a massive infrastructure project to build new factories.

As China’s economy shrinks, so too does the country of its musical instruments.

According to the report, production of the instruments fell by more of 40 percent in the first two years of the Games, while they jumped by more by 50 percent over the same two years.

And while the number has dropped off, the economic consequences are severe.

“China’s musical instruments manufacturing industry has seen an economic crisis as a result of the massive economic stimulus, which has increased the production of a wide range of instruments,” the Bureau said in its report.

“This crisis has resulted in a decline in the overall production of musical instruments by a considerable amount.

This is due to the increase in output of production equipment and machinery, which means that production of instruments and the associated labor and other resources has also declined.”

The report said that, in 2020, production fell by nearly 50 percent and labor production dropped by about 40 percent.

“There is a sharp drop in production of all instruments and equipment for the entire production chain, which in turn results in a fall in the productivity of the entire Chinese manufacturing sector,” the study said.

China is also experiencing a sharp decline in its musical instrument market.

The country has lost almost one million musical instruments since 2008, when it launched the Olympics, and it’s estimated that there are now less than one million remaining.

But that doesn’t mean that the industry is going anywhere.

The bureau noted that in 2020 there will be a total of 1.8 million musical instrument factories.

That number is forecast to decline to less than 700,000 by 2020.

And it’s expected to shrink further, to less over 200,000 factories by 2020, which the report calls a “negative trend.”

“In 2020, the overall output of the total production chain will be reduced to less that 500,000 production machines, and the overall manufacturing capacity will decrease by about 25 percent,” the agency said.

The decline in output is expected “to be driven by a negative trend of production decline.”

And there are many other reasons for the decline.

For one, the decline in production has led to a steep decline in labor.

“In recent years, the labor market has experienced a sharp decrease in the quality of labor,” the data said.

“[This has led] to the sharp decrease of the average hourly wage of production workers.”

And it means that factories have been forced to hire fewer workers, which “has resulted in the loss of the manufacturing workforce.”

The labor shortage also has been particularly acute in the music industry.

“Production of all types of musical instrument, including instruments, instruments parts, instruments production, and instruments assembly are also expected to be severely affected by the labor shortage,” the survey said.

While there are currently more than a dozen music industries in the United States, the most significant is the popular Chinese music industry, which includes Chinese pop, classical, rock, and classical music.

That includes more than 3,000 music companies and groups, and nearly 2,000 orchestras.

According the Bureau, these companies have been making money off of the Olympics and the games’ popularity.

The musical instrument business is a lucrative one for the Chinese government, which can afford to keep factories open for the Games and produce new musical instruments for the athletes.

“Due to the popularity of the sports event, the Chinese entertainment industry has a huge budget