Comment by breerbgoat
Comment by breerbgoat 2 days ago
I see empty factories in Shenzhen and Donguan, and massive unemployment in Guandong in September 2024. And I raise you full factories in Vietnam.
Comment by breerbgoat 2 days ago
I see empty factories in Shenzhen and Donguan, and massive unemployment in Guandong in September 2024. And I raise you full factories in Vietnam.
Nowadays, with so much automation going around, Vietnam can afford to become the next China even without a comparable population. Not that I think it will, but see the story of the Four Asian Tigers to realize how smaller countries can suddenly have a much bigger importance to the world economy.
True. That shift would be in the last couple of years. Maybe Vietnam is next China. But this is still an emerging event. What China did to the US already happened.