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A comment on Canada Is Preparing Steel Quotas, Tariffs on China and Others. Parent comment

Re:Canada Is Preparing Steel Quotas, Tariffs on China and Ot... by gotdangloch on Wednesday June 27, 2018 @11:49AM (#17409132)
>But people reading you should understand that companies don't locate production in China for low cost reasons, they do it as to gain access to the consumer market.

"the share of Nike shoes made in China fell off a cliff, going from 32 percent in 2012 to 19 percent in 2017."

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Re:Canada Is Preparing Steel Quotas, Tariffs on China and Ot... by throwaway5752 on Wednesday June 27, 2018 @12:23PM (#17409434)
Did you read your own link? It undercuts all the points you're making. They make a bunch of shoes there still (it's not clear if they've even reduced Chinese production or moved new capacity to Vietnam) and they are moving further up the value chain to luxury shoe production. And the reason for the move (increasing wages) means more consumption and more capacity for consumer deleveraging.
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