▶youtube BusinessStartups first seen 6 h ago, last 1 h ago, peak #3
US startup relocates from Kentucky to China
Original: An American startup ditched Kentucky for China. Here's why
An American startup has moved its operations out of Kentucky and relocated to China, according to Reuters reporting. The company's decision to leave the US for China, a reversal of the usual offshoring narrative, is drawing attention as observers weigh what it says about US manufacturing costs, supply chains and the competitive pull of Chinese industry for young companies.
Why now: The unusual reverse relocation of a US startup choosing China over an American state challenges expectations about offshoring and manufacturing competitiveness.
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Evidence
- An American startup ditched Kentucky for China. Here's why · Reuters · 210.1K
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