US Set to Reshore Manufacturing as China Demographic Time Bomb Explodes

US Set to Reshore Manufacturing as China Demographic Time Bomb Explodes
Employees work on an assembly line at the third auto plant of Dongfeng Honda in Wuhan in China's central Hubei Province, on Nov. 17, 2019. STR/AFP via Getty Images
Chriss Street
Updated:
News Analysis

The United States is set to reshore substantial manufacturing capacity as China’s demographic time bomb will soon explode, pushing wages higher as retirees spend down their savings.