Sayonara Chinese Factories?

[cgw115 140]

This from the HK South China Morning Post:

Japan Allocates $2.2 Billion to Help Companies Move Production Out of China

All we need now is a bit of stimulus to boost purchases...

 

[Space Face]

Good move.

 

[daveo228i]

Tim Cook will shovel money into Communist China to keep low cost assembly for Apple. Never fear for the low labor cost Chinese factories.


Sent from my iPad using Tapatalk Pro

 

[Derrel]

Tim Cook will shovel money into Communist China to keep low cost assembly for Apple. Never fear for the low labor cost Chinese factories.


Sent from my iPad using Tapatalk Pro

Such irony, sent from an iPad.

 

[VidThreeNorth]

"Foreign" companies have been moving out of China for a while now. Labour costs in China are much higher than 15 years ago. Olympus just finished moving to Viet Nam last year. I think Ricoh Pentax is in Viet Nam too. I have mentioned before that my Yi Technology (a Shanghai company) Yi-M1 body was made in Malaysia. Actually, I'm not sure how the people of Shanghai think of themselves?