▶youtube BusinessStartups first seen 1 d ago, last 46 min ago, peak #2
American startup moves from Kentucky to China
Original: An American startup ditched Kentucky for China. Here's why
An American startup has relocated its operations from Kentucky to China, according to Reuters reporting. The company's decision to abandon its US base in favour of manufacturing and growth in China has drawn attention as a reversal of the trend of companies moving production out of China. The report examines the business reasons behind the move and what it suggests about the current economics of building a startup in the United States versus China.
Why now: The counterintuitive move of a US company choosing China over home soil resonates amid ongoing debates about manufacturing, costs and US-China competition.
Evidence
- An American startup ditched Kentucky for China. Here's why · Reuters · 216.6K
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