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Has China lost its relevance as a production location?

Supply Chain Movement

This is still very favourable in comparison with wages within the EU, and wages have increased more significantly in other nearby countries, such as Vietnam and Bangladesh to name but a few. It’s true that, on your first request, you will be given higher MOQs than, say, in 2007. This is both true and false. China hasn’t moved.

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The Changing Face of Manufacturing: How US Manufacturers are Looking Homeward

GlobalTranz

While this is bad news for oil producers, it is good news for US manufacturers who will see a significant fall in the cost of manufacturing and transportation. In July 2007, the price of natural gas rose to an astronomical $14 per MMBtu. Fall in the price of natural gas. Rising costs of labor in China and other places.