Quote:
Originally Posted by BenLee
I don't see the US dramatically moving it's production to other countries in the short term, but probably sometime in the future for sure. There is currently so much infrastructure in China for manufacturing that it wouldn't make immediate sense. Yes, the electronics prices will go up a bit. The consumers will always absorb the costs. But there is still a long way for China to go before it would make financial sense for US companies to manufacture from elsewhere.
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Infrastructure is important, but China's demographics are leading to labor shortages. Its population is aging (average age per capita).