Shifting supply chains settle on Mexico
China is still the manufacturer to the world, accounting for 28.7% of global manufacturing output in 2019. But after a pandemic, a trade war and rising wages in China, many manufacturers have been looking for other options.
One increasingly strong option is Mexico.
First, a look at supply chain problems.
“It used to take 21 days for merchandise from China to come to the port of LA or port of Long Beach and get to our warehouses. Today, it takes...
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