Why Clothes Might Not Be Made in China Much Longer .... Manufacturing companies are bypassing China and moving factories to cheaper locales in Southeast Asia. Lever Style's Stanley Szeto explains why his company is gradually moving production to Vietnam and Indonesia.(WSJ) Watch Video : http://live.wsj.com/video/why-clothes-might-not-be-made-in-china-much-longer/BD74F821-AA8A-4F4D-B7D2-60BFC3DFB763.html?mod=WSJ_article_outbrain&obref=obnetwork#!BD74F821-AA8A-4F4D-B7D2-60BFC3DFB763 LESS than a month after taking office as Japan’s new prime minister, Shinzo Abe has been lionised by some prominent Keynesians. His talk of curbing the independence of the Bank of Japan (BoJ) in order to strong-arm Japan out of deflation has won praise from those who think central banks may eventually need to sacrifice their autonomy and monetise government deficits in order to reflate their economies. (The Economist) .... Read More : http://www.economist.com/news/finance-and-economics/21570710-bank-japan-tests-limits-shinzo-abes-economic-power-win-some-lose |
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February 2017
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