Factories worldwide are on the hunt for alternatives to China as soaring costs, supply chain challenges, and geopolitical tensions transform the manufacturing landscape. Companies are exploring fresh hubs, driven by a strong desire to diversify and fortify their production networks for a more resilient future
Factories proudly bearing the “Made in Argentina” label are closing their doors amid soaring costs and economic turmoil, deepening the challenges for President Milei’s administration as it battles to revive industry and restore economic stability, Reuters reports
China is ramping up its investments in Moroccan factories, fueled by the country’s prime location and rich mineral resources. This strategic move not only aims to strengthen trade relations but also to elevate production capabilities, positioning Morocco as a vital manufacturing powerhouse in Africa.
