For quite some time, prognosticators have had concerns over the sustainability of China's juggernaut-like economy. It seems the bubble may be about to burst.
Combined with recent governmental incentives to bring manufacturing back to the US/Canada will this recent news be the "final straw" that spurs a wholesale exodus or will it cause Western manufacturers to delay plans to move back home, expecting that an economic reversal in China will translate into more attractive pricing and terms?
Can and should we extricate ourselves?
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