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Should the US move manufacturing from China to Vietnam?

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Moving manufacturing from China to Vietnam is a trending topic of discussion. This is due to the average hourly wages in the field in China reaching US$3.60 last year which means other Asian countries such as Vietnam are able to compete with the cost. read more

China is concerned about losses of low-end manufacturers to other countries and so is giving them incentives to move to lower-cost parts of China. But it also wants to raise wages and spur consumer demand by attracting more high-tech manufacturing. read more

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Should You Move Manufacturing From China to Vietnam? - Emerhub
Source: emerhub.com