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https://archive.ph/lwZYX

Cheaper labour costs at first made Vietnam attractive, but it turns out relocating factories, hiring locals and reorganising supply chains away from China can eat into whatever savings are made. Many Vietnamese contractors still go to China for supplies, so Western clients end up, as the Economist recently reported, inviting in more middlemen.

That's what the US ruling elite gets for trying to destroy the New Deal via outsourcing its industrial base.

It's now dependent on China, whether it wants to use China directly for its manufacturing or rely on China as the supplier for intermediary nations like Vietnam or Mexico.