How bad is China's manufacturing exodus?

A worker producing electronic products at a factory in Jiangsu, China, on June 9, 2022. PHOTO: AFP
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BEIJING (CAIXIN GLOBAL) - China's strict pandemic controls blocking production and logistics threaten to add impetus to the manufacturing exodus that has been picking up speed over the past decade, international trade experts said.

The Covid-19 policy disruptions add to pressures from rising labour costs in China and worsening Sino-US trade tensions. With low labour costs and surging domestic demand, South-east Asia and India have become the most popular destinations.

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