Tag: Chinese manufacturing
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China’s Global Trade Surplus Spikes Amid Boom in Exports
China’s trade surplus with the world last year almost equaled $1 trillion. Trade numbers announced on Monday show that exports rose 10.7%, outpacing predictions. This record high means that Chinese manufacturing is ruling global manufacturing on a scale not seen since the U.S.’ central role at the end of ...
Chinese Companies Also Want to Limit Their Exposure to China Risk
Western companies like Apple aren’t alone in trying to limit their exposure to China. Chinese companies are increasingly eyeing overseas expansion too. While some of these moves are due to cost factors like lower salaries in countries like Bangladesh, increased geopolitical tensions are playing a growing role.
Why Vietnam and Other Asian Countries Won’t Replace China as an Electronics Manufacturing Hub Anytime Soon
There's growing excitement in some corners of Washington, D.C., that Apple's drive to shift production to other countries in Asia is a sign of progress in the ongoing effort to decouple U.S. manufacturing from China. While Apple's directives that its suppliers build ...