Economists and industry officials, Tuesday, called for the government to provide enhanced corporate tax incentives to repatriate the overseas production lines of local firms, promoting domestic economic growth and job creation in the face of rising global protectionism.
inflation thing hit companies are doing as much as they can. also getting out of china. mexico has been the biggest beneficiary and vietnam. there has been a ton of reshoring and onshoring going on. it can be done. president trump said let s do this. the economist said it would wreck the economy. it is happening. more people are willing to live with higher prices for the economic security and job creation for doing it here at home. dana: one of the things about china s economy. what s worse a big, booming chinese economy or one that is failing? this is something that the communist party, the wall street journal is saying the communist party prioritizes basically with xi resisting hand-outs because they don t want to lead to welfareism yet their economy needs a boost. if they really needed it, he could do it. what he is doing with president xi is doing remember, we talk
challenges remain before await him? this challenges remain before await him? , challenges remain before await him? ~ , ., him? as you mentioned gottemoeller him? as you mentioned gottemoeller has - him? as you mentioned gottemoeller has not i him? as you mentioned - gottemoeller has not really recovered from the covid and the decline in the economy and also honestly largely security impinges on its own ability to develop investment bernardo arevalo. is attempting, much like many countries close to the us to engage in investment that would have earlier been going to china but it is struggling to do so. also, its export bases are primarily in agriculture and the entire central american area has been tjy central american area has been by climate change, droughts and flooding, so it doesn t have much options economically except with near shoring but the murder rate, the issues of corruption really impinge on the ability and investors to crosstalk. go the ability and investors to cro
American manufacturing companies ramped up construction of new factories this year. Though faster than many of us thought possible, the process will be slow and partial.