Chinese textile manufacturers found a cheap new place for outsourcing: the US
Jenni Avins at Quartz
Wages for workers in South Carolina are still higher than those in China, reports the Times, but are offset by subsidized cotton, tax breaks, and cheaper energy.
It is kind of crazy how everything has come back full circle and the roles have reversed in a way here. Especially considering this is the textile industry we are talking about, where it is still a pretty labor intensive sector.
Source: NextDraft by Dave Pell