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by zhongjiewu
2591 days ago
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I agree, if there is a region with the labor force and good policy for investment plus infra and a few other things. Vietnam is a close enough option, but other options are not abundant, so more than just a few years would be a plausible answer for me. |
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Eastern Europe - mass higher education check, everything else no
India - size yes, but nothing else, and there is "license raj" on top of that. One sweetener is the future domestic market appeal
Vietnam - mini-China, good primary and vocational education check, size OK, industry, some leftovers from pre-privatisation era, check - pretty much same as China was in that regard.
Pakistan... very cheap for sure, existing industry is nonexistent, (though Pakistan once had a backend FAB in late eighties!) and with Rupee hitting the bottom now, you can overlook how poor the logistics will be.