Companies shifting production away from China are facing major challenges in Vietnam

mattferg

Posts: 189   +175
I don't know, but there IS another way. Stop paying the CEO's & whatnot billions, take a less profit approach, and bring the manufacturing back to the U.S. or other nations shores?
Oh, but the stockholders won't like that will they.

This is a trash take. If you do the numbers on stuff like CEO pay and actually spread it out to the lowest paid workers in the company it always amounts to £100 a year or so per employee. It’s never enough to pay US salaries. Cost of goods would need to explode.
 

mattferg

Posts: 189   +175
Does any of this make you wonder why China released Covid-19.
IF you think it was accidental then you're a fool
the CCP does not give a **** about its people so why would the give a **** about the rest of the world
they want total control at any cost

This period in time has caused companies to move away from China and has dampened goodwill globally. If this was a tactical move (it wasn’t) it was a bad one.