I wonder if this will be the start of an Exodus of manufacturing away from China. Corporations are constantly under scrutiny with their brand messaging and signaling with respect to various conflicts involving China, Hong Kong and the unrest within the United States. India on the other hand, is a Democratic republic, might help alleviate some issues. If India plays its cards right, they may pave the way for a manufac…
But there will be a shift away.
China is producing a level of design and manufacture that nobody can compete with.
Other countries can take on some of the low-end stuff, but there's just a lot they will not be able to do.
China has an educated workforce that also works at very low wages, and a government bent on providing the infrastructure necessary to make it all work.
Huawei is not going to be reproduced in Vietnam for example.