Can Manufacturing Return to the USA?
The need to move USA manufacturing operations to competitive economic climates, has been essential for a Company’s survival. This exodus to a number of foreign countries, mainly to China and Mexico, has had a negative impact on the USA – its economy, median incomes, standards of living. Today, New Balance Inc. is a rather unique exception to the migration trend. For more than twenty years, this successful Boston manufacturer of athletic... Read More
Where is China Heading?
Mark Leonard’s book “What Does China Think?” presents China’s challenges and struggles with some surprising priorities its leaders have set to correct them. For the first time in China’s history its 11th five-year plan does not list economic growth as its first priority. The plan: “put people first”…“respecting the natural environment”…introduces a Scandinavian model of social welfare to eliminate its existing problems. China’s... Read More