2.) Some of the data that it's based on is up to 2023. And some are up to 2020
3.) There has been massive movement of manufacturing out of China between 2020 and 2024. I won't provide the references here, as there are too many to mention, from Japanese/Taiwanese/South Korean/European/American companies. They are easily chatgpted/googled. Also the reason why Shenzhen and Guangzhou has suffered deeper drop of real estate price and employment.
4.) In 2024, Mexico was the biggest exporter to US. United States was the biggest exporter to Europe. US was the largest export destination of Japan.
5.) Trump's 60%-100% tariff on China will accelerate the exodus of manufacturing
2.) Some of the data that it's based on is up to 2023. And some are up to 2020
3.) There has been massive movement of manufacturing out of China between 2020 and 2024. I won't provide the references here, as there are too many to mention, from Japanese/Taiwanese/South Korean/European/American companies. They are easily chatgpted/googled. Also the reason why Shenzhen and Guangzhou has suffered deeper drop of real estate price and employment.
4.) In 2024, Mexico was the biggest exporter to US. United States was the biggest exporter to Europe. US was the largest export destination of Japan.
5.) Trump's 60%-100% tariff on China will accelerate the exodus of manufacturing