The Great Decoupling and What It Means for Industrial Real Estate
Beginning slowly in the 1970s and picking up pace in the 1990s, businesses from numerous countries started outsourcing manufacturing to China to benefit from a ready and affordable workforce. As this trend picked up speed, the country eventually gained the nickname “The World’s Factory.” Consequently, for most of the late 20th and early 21st centuries, you could find “Made in China” stamped on virtually everything from consumer electronics to furniture to athletic wear. Things change, however. For various reasons, China has begun to lose its ... Read More