Started By
Message

re: Goodbye Covid, Hello Disease X

Posted on 1/21/24 at 2:09 pm to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
262334 posts
Posted on 1/21/24 at 2:09 pm to
quote:

I am saying China saw the possibility of global manufacturing being diversified across the planet


It was already occurring.

China is pricing themselves out of the market. Companies were already offshoring to Vietnam, etc.

quote:

In many Chinese cities, the minimum wage is over $350; in some, hiring workers for less than $500/month is impossible. While both countries have an abundant young workforce, Vietnam is still the more cost-effective choice for manufacturers looking to lower their labor spending


To escape tariffs, Chinese companies offshore mfg to VietNam.
This post was edited on 1/21/24 at 2:10 pm
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram