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Lower cost manufacturers are already migrating away from SE Asia because of rising labor costs, driven in large part by competitors expanding into the area for
by zhdc1 7y ago
Lower cost manufacturers are already migrating away from SE Asia because of rising labor costs, driven in large part by competitors expanding into the area for the local market (e.g., auto manufacturers) or moving away from China.
The climb up the value ladder is very real, and it's only partially being driven by the political climate in China.