Mexico vs. China. Which is the Better Plant Location?
The question of whether Mexico is a better place to manufacture a product versus China seems to come up frequently. A recent Los Angeles Times article combined with my experiences in closing a USA plant and building a new plant in Shanghai are the sources for the following: Since 2000, the 3,700 Mexican Maquiladoras have declined to 3,200 with a loss of over 250,000 jobs. Most have relocated to China. These include operations of Hasbro, Sanyo... Read More
India – What hinders its development?
Some thoughts on the interesting book “In Spite of the Gods – The Strange Rise of Modern India” by Edward Luce, the former Financial Times’ Washington Bureau Chief. He was the FTs’ South Asia Bureau Chief based in New Delhi. While his conclusion is that India will become an economic super power, its many negatives will delay its development. Some of the negatives: • Its massively ineffective and corrupt “quasi-socialist”... Read More