China has reached the end of its economic boom. What comes next should worry every American business — and the rest of the world.
China has reached the end of its economic boom. What comes next should worry every American business — and the rest of the world.
To be clear, you can at great cost overcome those issues too and maintain a good level of supply chain integrity, however it costs so much doing so only makes sense when manufacturing on a huge scale - tens of millions at least with each item being very valuable. Ie…iPhones.
The vast majority of stuff that people want made in China isn’t nearly that profitable.