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 This why all the manufacturers are over Vietnam, Laos and Malaysia. https://video.nostr.build/cd4a1ccf930a03184eef3ec31a8c003cfde8d12e7725e781ba234581c116dab2.mp4  
 I love his hat.  
 Fascinating  
 He's right on the money aspect, but also China has problems with its population decline making labour more expensive and its geographical position making transportation a risk (the Philippines being a choke point) through the south China Sea.
All in it shows geopolitical power is starting to shift towards a multipolar world.
Well that's my 2pence worth any way 😁