Yes.. This is not the end of China. Both China and India has huge internal markets. But this will signal the beginning of an end to China being the only industrial manufacturing hub in the world.
Everybody went to China because of cheap labour, no strike actions, only China gets polluted (not their own countries, another selfish attitude) etc.
Japan already fired the first salvo. They are recalling their companies back to the Japanese soil and giving them quite a bit of an incentive.
The west will follow. Products will be expensive but at least there will be a job and an economic growth. The dependence on China will get minimised and Chinese investments and take overs in other countries will be seriously looked at.
?අපි නම් ඒසියන්.
