The trend of companies moving back to their home base — from China — is most prevalent in the electronics and capital machinery sectors in Japan and Taiwan, a Nomura analysis of 56 companies found.Meanwhile, the largest beneficiaries from the tariff fight are mainly in Asia, with Vietnam, Taiwan and Thailand dominating. Outside Asia, Mexico is a standout.
Garment factory workers working in a factory in Hanoi on May 24, 2019. From socks and sneakers to washing machines and watches, countries across Asia are hoping the US tariff squeeze on China will presage a permanent shift in manufacturing patterns as big name brands dodge the trade war in cheaper locations to make their goods.
There goes CNBC again, presenting the picture from a China advantage perspective. How much are they paying you?
Move out of China
ETTD