Food for thought - Follow the money
China's working age population has been declining putting a significant pressure on labor costs meaning this country won't be the world's factory in the next decade or so.
China's working age population has been declining putting a significant pressure on labor costs meaning this country won't be the world's factory in the next decade or so.
Considering they have recently allowed a third child per couple policy to solve this innate working age productivity problem, China's fertility rate has been declining as well.
From the 1980's to early 2000's, this country has adopted a booming strategy ensuring an empowerment of the local economy first while expanding their military footprints in order to become the next superpower competing with the US.
This shift of economical power will mimic where the US currently is on relying on international trade where labor costs could be cheaper.
Which country might be the best candidate for becoming the next world's factory?
Which country might be the best candidate for becoming the next world's factory?
Mexico.
We have Nike, GoPro, Dell, Hasbro, Panasonic, Toyota, Volkswagen, BMW, Ford, Honda, Johnson & Johnson, 3M.
Cheaper labor costs, greater profits, higher equities.
We have Nike, GoPro, Dell, Hasbro, Panasonic, Toyota, Volkswagen, BMW, Ford, Honda, Johnson & Johnson, 3M.
Cheaper labor costs, greater profits, higher equities.
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