April 12, 2017
“We’re now going back to China,” he said. The company spent about 12 months preparing to reshore its manufacturing, and would have paid the new workers as much as $75,000 a year, he said. Many U.S. companies hope to move their manufacturing back from …
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April 12, 2017
The latter suggests that China has been able to close down a considerable amount of capacity and that reshoring production back to the west may have begun to raise local costs, particularly if an increase in the country’s labour prices are a driver of PPI.
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