Summary:
The increasing nationalism of Chinese consumers, as much as supply chain issues and Covid-related disruptions, is the reason international firms are moving overseasChina will lose some foreign talent, but domestic demand will shift towards perfectly good locally made products. The real winner, though, is VietnamThe irony, of course, is that Vietnam is a communist country.SCMPChina is decoupling from the world, not the other way aroundNeil NewmanRelatedTASSVietnamese top diplomat says Hanoi to step up cooperation with Russia in all areas
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The increasing nationalism of Chinese consumers, as much as supply chain issues and Covid-related disruptions, is the reason international firms are moving overseasChina will lose some foreign talent, but domestic demand will shift towards perfectly good locally made products. The real winner, though, is VietnamThe irony, of course, is that Vietnam is a communist country.SCMPChina is decoupling from the world, not the other way aroundNeil NewmanRelatedTASSVietnamese top diplomat says Hanoi to step up cooperation with Russia in all areas
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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- The increasing nationalism of Chinese consumers, as much as supply chain issues and Covid-related disruptions, is the reason international firms are moving overseas
- China will lose some foreign talent, but domestic demand will shift towards perfectly good locally made products. The real winner, though, is Vietnam
Related
Vietnamese top diplomat says Hanoi to step up cooperation with Russia in all areas