• Friday, July 19, 2019

Chinese manufacturers returning home from ‘inefficient’ Vietnam despite US trade war tariffs

Discussion in 'China & Far East' started by notmycolon, Jul 13, 2019 at 4:45 AM.

  1. notmycolon

    notmycolon FULL MEMBER

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    Chinese manufacturers returning home from ‘inefficient’ Vietnam despite US trade war tariffs



    https://www.scmp.com/economy/china-...ufacturers-returning-home-inefficient-vietnam

     
  2. viva_zhao

    viva_zhao FULL MEMBER

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  3. FuturePAF

    FuturePAF FULL MEMBER

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    How about Pakistani Labor? Wages are competitive, and training could be done to get them up to speed. The key benefit for Chinese manufacturers would be proximity to Mideast markets, and relatively closer to European markets.

    If Afghanistan reaches some kind of stability, raw materials from Afghanistan could be processed into value added products in the safety of Pakistani industrial economic zones
     
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  4. viva_zhao

    viva_zhao FULL MEMBER

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    Agree. That's the key of CPEC. Link Pakistan and China, so China can transfer factories to Pakistan. More iron fists are needed to eliminate separatists and terrorists, so that Pakistan can have a better investment environment.
     
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  5. OsmanAli98

    OsmanAli98 SENIOR MEMBER

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    Why China only CPEC success rests on Us Pakistanis to pull up shovels and get to work on getting investments from all countries I even want the Americans to invest here and we can do that they need us to get them out of the quagmire they are in to entrust them with the transfer of power to the Taliban, also the whole hoopla of the Russians, the Russians have sway in former Republics of Central Asia rich in gas,minerals and natural resources we can get Gazprom to help lay pipelines here connecting with Central Asia and the Caucausus, I have no ills to the Chinese but depending on one side is not good policy any investment is good for us
     
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  6. Viva_Viet

    Viva_Viet SENIOR MEMBER

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    The article told everything, small Cnese firms cant survive in VN and also cant put up with increasingly strict environmental and social security requirements .

    So, bye bye Cnese small firms that only good at polluting the environmental as they did in CN .
     
    Last edited: Jul 13, 2019 at 10:32 AM
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  7. Han Patriot

    Han Patriot SENIOR MEMBER

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    Lol. The exploited workers are now the boss. Great Viet logic. You do know we can go other cheap places right? Pollution standards, I have been to Vietnam many times, so spare me the environmental standards.
     
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  8. TopCat

    TopCat ELITE MEMBER

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    I dont think VN remained as low cost production house anymore. Besides VN does not have too many worker to spare any more.
     
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  9. Globenim

    Globenim FULL MEMBER

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    lol so much damage control and trying to deflect the fault on Chinese companies, rather than the fact everyone knew. Vietnam has neither the scale nor the skills to ever replicate China as it is, nor does it have the political and social stability to attract enough and serious investors. The whole Vietnam boom narrative is just confirmation bias from anti-China propaganda overhyping every little grain of rice that falls of Chinas table and economically unfeasable short term cash injections from the U.S. regime and its lapdogs
     
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  10. Viet

    Viet ELITE MEMBER

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    The article tells a story of a chinese businessman that returns to China because he was disappointed that Vietnamese don’t like to work overtime.

    What a surprise!

    Another chinese business because he failed to find enough cheap workers.

    How about paying more?
     
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  11. Viva_Viet

    Viva_Viet SENIOR MEMBER

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    Exploited ?? How to exploit VN workers when CN investors must do exactly what VN govt tell them to do ??? Its boring to say it again and again.

    And current VN GDP is equal wt CN GDP in 2008, so u means that Cnese workers were exploited by the Jap since ww2 and still can not stop the Jap exploiting CN till now ??

    For VN emmission standard, do u know that many Cnese trucks cant enter and sell in VN now cos they cant pass Euro 4 standard ?? Of course u will say CN truck is using Euro 4 now, but what happen in real life is: CN trucks cant pass Euro 4 in VN.

    They cant pay more, cos big companies like Vingroup, Samsung etc also can pay higher to get enough workers for them.
     
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  12. Viet

    Viet ELITE MEMBER

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    Certainly there is a limit. We have much less people. Wages are rising, unemployment sinking. There is a shift underway in manufacturing. China can lose 10 million jobs. I expect we can absorb max. five million run away jobs in manufacturing from big bro China. The rest will go to Bangladesh and others.

    Not a bad thing though. Money will flow into poorer regions.
     
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  13. Nilgiri

    Nilgiri ELITE MEMBER

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    VN engineers must be payed 8000 - 9000 USD per month by chinese, otherwise no deal :cool:

    After all VN ppl like to eat more than 250 g of fruit and have good quality fish sauce.

    @KAL-EL
     
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  14. KAL-EL

    KAL-EL PDF THINK TANK: ANALYST

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    Arguably the best quality fish sauce on Earth.

    Vietnamese engineers are definitely making some good coin.
     
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