Perspective
Oct. 20, 2012
VIDEO: US manufacturers and sellers exiting China
Adidas is closing its factory in China, Starbucks will move manufacturing of its mugs back to the U.S., and Home Depot plans to close its seven remaining outlets in China. By Allan Marson and Li Dai of Ishimaru & Associates LLP
In July, Adidas announced that it would be closing its only wholly-owned apparel factory in China at the end of October. Starbucks will move manufacturing of its mugs back to the U.S., and Home Depot recently announced plans to close its seven remaining outlets in China.
Although China remains the factory floor of the world, more and more U.S. manufacturers are deciding to move production to countries like Indonesia, Vietnam ...
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