China’s manufacturing PMI suggested that new export orders in April continued to decline, with the second largest drop after last year. In a survey conducted by inspectors from China’s Chamber of Commerce for Import and Export Mechanical & Electrical Products at this years’ Canton Fair, 500 companies were asked about their business outlook on international […]
Is Vietnam going to become the next world factory? Will it replace China as the go-to place for manufacturing?
There has been news recently that Vietnam’s exports have overtaken Shenzhen’s. This is in addition to the fact that the rapidly rising prices of homes in Ho Chi Minh City, Vietnam are now greater than many well-known Chinese cities such as Guangzhou. This seems to confirm that the world is starting to see potential in […]
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