Quote:
Originally Posted by Penforhire
Short term impact. If Chinese standard of living improves then manufacturing will move to Vietnam, as it did to Thailand in the past.
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I agree that some of the work will move to Vietnam; it's already started. Comparing the demographics of China vs. Vietnam, though, indicates that Vietnam cannot absorb all the work. It has to be split among countries, which complicates things, produces in efficiencies. It will be interesting to see how things develop.