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Tuesday, 03/21/2017 10:47:13 PM

Tuesday, March 21, 2017 10:47:13 PM

Post# of 29252
Escaping China for America’s manufacturing renaissance
https://www.wsj.com/articles/china-sees-a-manufacturing-futurein-america-1490087701

DONGGUAN, China—Glen Lin is struggling to keep his shoe company competitive on the world’s factory floor in southern China. Wages are shooting up 15% each year. Taxes are high. Shipping is exorbitant, and slow.

So, as fast as he can he’s automating production, while planning an escape to his largest market—the U.S.

...

In global manufacturing, fortunes are starting to shift in America’s favor.

...


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