Another week, another product recall from China.
Many observers, myself included, have noted that the future of manufacturing will always be in China (at least until another low-cost competitor arises). Perhaps we are wrong. Many businesses have been moving their operations to China because the labor costs and government regulations there are so much lower, but the flip side is that the products are not as good.
If U.S. consumers increasingly stop purchasing products made in China — and if transporting goods from China to the United States becomes too expensive to be worthwhile because of the rising price of oil — then perhaps manufacturing will return to America one day.
