Chinese Multinational Corporations See Opportunity To Mitigate Risk Of Sanctions In ‘Nearshoring’
Scores of multinational Chinese corporations, in an attempt to minimize shipping costs and tariffs on their goods, have begun to ‘nearshore’ their production to Mexico. Nearshoring is the practice of sending factories and production sites to an external country where labor costs and tariffs are low. While this phenomenon has
Billy Haller
September 24, 2024
