China Facing Economic Crisis as US Moves Manufacturing to Mexico & India
China Facing Economic Crisis as US Moves Manufacturing to Mexico & India
China’s economy is on the brink of collapse.
As companies from all over the world pull their investments from China, a large shadow hangs over the future of the world’s second-largest economy.
China, which until pre-pandemic times, was the manufacturing hub of the world, occupies a fickle position today. Several foreign businesses are redirecting their manufacturing operations to Mexico and India.
If you’re wondering how China got to this point, stick around till the end to have all your questions answered. We’ll take a look at all the events that led to China’s weakened economic position, why the US is moving manufacturing out of China, and whether or not there’s still any hope for China.
In today’s video we look at China Facing Economic Crisis as US Moves Manufacturing to Mexico & India
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