The worst take I have ever seen on manufacturing leaving China. Only Antarctica or the moon are less likely to be the next big manufacturing destinations.https://twitter.com/Wolf_InTheWilds/status/1157338061149073408 …
Leadtimes are 90 days. We can handle the 2-3 days extra from sea shipping.pic.twitter.com/buCClbKveY
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I read Chinese factory owners are moving factories to these countries. Inasmuch as that's true, ramping up should be easier.
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There will be some movement. Small. And expected. But forget total relocation. That is BS.
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2-3days? Try 2weeks. I was referring to one way. And then there is the productivity issue. There is a reason why manufacturing has dropped to around 21pct of GDP from 27pct.
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