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Reply #12 manoj10's post
At US$10,000 per capita, assembly industry becomes less competitive.|
But China has (1) Scale, (2) Internal Market, (3) Electricity, (4) Water, (5) Commodity, (6) Infrastructure, (7) Willing workforce, at Rmb12,000 to Rmb24,000 wages and (8) Logistics.
But, this will be the stage where MNC will be thinking of relocating operations as profit margins are squeezed.
Currently Vietnam has the best FACILITIES to receive the relocation. Next will be Luzon, Cambodia, and then Java, Myanmar, Bangladesh, Sri Lanka!