Yawn.
Movement of manufacturing to less developed PRC interior provinces dwarfs "decoupling" shift to India, Vietnam, Mexico, etc.
China's Mexico is inland China.
wsj.com
Movement of manufacturing to less developed PRC interior provinces dwarfs "decoupling" shift to India, Vietnam, Mexico, etc.
China's Mexico is inland China.
wsj.com
Exports last 12 months: ($ trillions)
2.7 Coastal PRC
0.63 Interior PRC
0.43 India
0.37 Vietnam
0.59 Mexico
Note high complexity manufacturing increasingly dominated by E. Asia
2.7 Coastal PRC
0.63 Interior PRC
0.43 India
0.37 Vietnam
0.59 Mexico
Note high complexity manufacturing increasingly dominated by E. Asia
“It would not be surprising to see China’s overall share of global exports, manufacturing and supply chains continue to rise, even as diversification away from China accelerates”
“producing everything from semiconductors to your shoes and your garments”
🤔🎈🐒
“producing everything from semiconductors to your shoes and your garments”
🤔🎈🐒
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