Role reversal: Chinese textile producers are outsourcing manufacturing to US
The garment industry in the US has almost disappeared. For years, manufacturing was outsourced to India, Bangladesh, Vietnam, and China. But now, Chinese textile producers are finding that the US could be one of the best places to outsource their own manufacturing.
Chinese textile producer Keer Group, for example, opened a 230,000 square-foot spinning mill for cotton in Indian Land, South Carolina. Zhu Shan Qing, chairman of Keer Group, said in a 2013 announcement speech, "we chose to locate our fist US facility in South Carolina for a number of reasons, which include the state's workforce, proximity to cotton producers and access to the port."
Worker's wages are still higher in South Carolina than they are in China, but in the US, Chinese companies benefit from subsidized cotton, tax breaks, and cheaper energy.
Cover image: Wikipedia