this post was submitted on 05 Feb 2024
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[โ€“] [email protected] 6 points 9 months ago (1 children)

Let's be frank, no country is pulling away from China. Especially when we sell so much of our buildy dirt.

[โ€“] [email protected] 1 points 9 months ago

They are manufacturing elsewhere, but not because of moral reasons. China was the world's factory, but their birth rate is declining significantly reducing labor supply, the remaining workers are demanding higher pay and better jobs than assembly lines. This means they are not the cheapest place to manufacture like they used to be and much manufacturing is moving to cheaper places like Vietnam, Cambodia, Bangladesh, etc.