China Will Soon Lose the Title of “World’s Manufacturer”
September 06, 2024 at 20:41 PM EDT
China Will Soon Lose the Title of “World’s Manufacturer” By Peter Zeihan Globalization led to the rise of China as a manufacturing powerhouse, since finding the lowest cost producer was the priority. However, deglobalization, coupled with China’s demographic decline and aging workforce, has both eroded that competitive advantage and changed everyone’s priorities about cost. So, what […] Source