4 ms·

Not decades, more like months. "37 percent have moved production out of China in the past 12 months, while 33 percent plan to move in the next 6-12 months." h

• thiago_fm 8y ago
  You don't really understand that unless you fly over there and check it out. China is a bigger beast than the US and other countries in the world. Nowadays the whole world happens there -- people just didn't really figure that out yet.
• onlyrealcuzzo 8y ago
  37 percent of companies have moved SOME production out of China. This does not mean 37 percent of ALL production has moved out of China. And the reason for these moves are mostly for tax avoidance. I would be surprised if even 3% of aggregate production has moved out of China. That being said, China might be missing out on a more significant portion of future production because of uncertainties (trade war).
  • housepapass 8y ago
    > I would be surprised if even 3% of aggregate production has moved out of China. Let’s see....China is a export focused economy. Last year their stock crashed 30%. Their currency crashed 10%. The luxury sales in China crashed 30-70%, depending on sectors. New car sales fell 6%. There were discounts of 30% for new real estate projects in Golden September. Yup, 30% of factories moving out of China seems possible
  • entity345 8y ago
    I would ignore that user: There have been several new users posting the exact same comment lately. Looks like a concerted operation.