Can ‘Made in China’ stay competitive?

Higher wages and tight credit have led some manufacturers to leave southern China, but others are staying and moving up the value chain. The FT’s Josh Noble visits two Austrian-owned factories that have operated in Guangdong province for over 30 years.

But there are alternative approaches and this video emphasises the decision that some manufacturers have made to stay put but instead to move up the value chain and produce higher-end, higher-priced products for advanced western markets. Businesses are reluctant to move factories and sacrifice the human capital that has been accumulated over in some cases over thirty years.

Related topic:

Reshoring: five reasons why China will remain the world’s factory

About benvitalis

math grad - Interest: Number theory
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