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I told you guys this would happen. Change a label, ship it to another country then sip it to the US. Avoid the tariff and add a middle person who is probably a family member of the Chinese manufacturer.
Indeed.
"Vietnam has become awash with Chinese investment in the last decade as businesses from its northern neighbour spread their wings abroad in a push for new markets."
PHNA: I clicked on one link that showed the US industry's growth dropped in 2017 so I am really confused on what your point is.
My point is the same as it was in post #1 companies are moving out of China and manufacturing in the US isn't dead but in some industries its increasing !!!
From my link:
How is the Industry Trending in the US?
Over the past five years, the Bicycle Manufacturing industry has grown by 2.9% to reach revenue of $882m in 2018. In the same timeframe, the number of businesses has grown by 2.9% and the number of employees has grown by 0.9%.
My point is the same as it was in post #1 companies are moving out of China and manufacturing in the US isn't dead but in some industries its increasing !!!
From my link:
How is the Industry Trending in the US?
Over the past five years, the Bicycle Manufacturing industry has grown by 2.9% to reach revenue of $882m in 2018. In the same timeframe, the number of businesses has grown by 2.9% and the number of employees has grown by 0.9%.
(What's your point ?)
Woo?
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Vietnam? China’s export volume per year is over $2 trillion. That is bigger than entire North America. In fact, top 10 export countries are all developed countries. It takes manufacturing technology and industrial population to be an export powerhouse like China. Take a look at the list:
China doesn’t care about bicycle production anymore. Your buck tooth barely educated, fat and lazy West Virginian hillbilly trumpets can have a go at these jobs at making bikes. We’ll see how well they’re made and how much more they’d cost. Lol
Vietnam? China’s export volume per year is over $2 trillion. That is bigger than entire North America. In fact, top 10 export countries are all developed countries. It takes manufacturing technology and industrial population to be an export powerhouse like China. Take a look at the list:
"Vietnam has become awash with Chinese investment in the last decade as businesses from its northern neighbour spread their wings abroad in a push for new markets."
The only thing that will happen with our trade war with China is, the cheap labor express will relocate to other slave labor countries where they will be sold Chinese relabeled widgets. The working class and consumers will continue to be punished from these globalist policies. The winner will be the wealthy globalists as as designed from the beginning and as spoken of in the Citigroup Memos to their wealthy globalist clients.
The continued decline in this country and widening inequality from these globalist policies will be blamed on party rather than on globalist sell outs and greed.
There are many countries like Vietnam that cheap and cheaper, but none of them will replace China. The US will remain dependent on China. One day, China will raise prices on everything, but the dependency will remain. Except, China will make higher profits on the same things. If you look at what's on Amazon, in stores, everything is made in China. No one else can make anything nowadays. Labor costs low or high does not mean much these days, it's all about manufacturing technologies.
It is another example of manufacturers adapting to the tariff threat. Taiwan’s Foxconn Technology Group said Tuesday that it was ready to move assembly of Apple Inc.’s AAPL, -0.33% iPhones out of China if necessary, and Japan’s Sharp Corp. , which is controlled by Foxconn, said last week that it planned to move production of personal computers to Taiwan or Vietnam.
As U.S. startups reject their money, Chinese venture-capital firms in U.S. are dialing back investments, structuring deals to avoid regulators or shutting down
Silicon Valley startup Pilot AI Labs Inc. signed a Chinese-backed venture-capital firm as its first big investor in 2015. By last summer, Pilot AI wanted it gone.
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