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Chen Gong: Rationally Evaluate Manufacturing Back to the US

Mr. Cao Dewang, President of FuYao Glass Group, days ago has talked about the issue of building manufacturing in the US, and the cost gap between Chinese and American companies, which drawn a heated discussion on domestic media, in order to clarify this issue, ANBOUND chief researcher Chen Gong points out three problems if the manufacturing moved to American market. First of all, the labour cost is extremely high there, addition to aging problem, particular the blue-collar workers, they will raise the overall cost; second, the global market factors must be preserved, American market is not the only concern. America’s reindustrialization can hardly resolve unemployment; third, the manufacturing should keep in mind that China is likely to take trade countermeasures, once China did so, those "Made in US" products will be blocked at the door of China.

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