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Companies Say They're Ready to Move Supply Chains From China
| October 23, 2018, 9:39 AM CDT Updated on October 23, 2018, 9:58 PM CDT
| Matthew Boesler
Posted on 10/25/2018 3:12:41 AM PDT by Zhang Fei
Bloomberg link only.
TOPICS: Business/Economy; Extended News; Foreign Affairs; News/Current Events
KEYWORDS: china; maga; manufacturing; trade; trump
It should come as no surprise that production lines that were moved to China from Taiwan, South Korea, etc, when wages in China were low, can equally be moved elsewhere to the Far East now that Chinese wages are several times those in Vietnam, the Philippines, Cambodia and Indonesia. The Trump tariffs have now accelerated the move.
posted on 10/25/2018 3:12:41 AM PDT
by Zhang Fei
To: Zhang Fei
Bingo. I think non-China Emerging Markets will benefit, though ETFs and Mutual Funds are not yet reflecting that possibility.
posted on 10/25/2018 7:03:04 AM PDT
(Americans are Dreamers too!!!)
To: Zhang Fei
gosh, Trump’s Chinese tariffs aren’t crashing the U.S. economy as claimed by the damnable Lying Leftist Fake Stream Enemedia, but instead will benefit the rest of the world, including the U.S. ...
posted on 10/25/2018 9:35:22 AM PDT
((Cat Nipman: Vote Republican in 2012 and only be called racist one more time!))
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