Research

Friendshoring’s Consequences Could Be Massive for China… and the World

1 July 2022 17:40 RaboResearch

An increasing number of businesses are considering to move their production from China to friendly counties. This could cost up to 28m Chinese jobs. Depending on the product, we expect these jobs to move to either low-wage countries, emerging markets or to developed economies.

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Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more