Just heard from a Taiwanese News that China 东莞 is the World Shoe factory, producing the once world largest output of mass produced shoes. However, about 40% of these factories have either closed or near bankruptcy. Most of the production have now been shifted to the cheaper places like Vietnam and Burma or even to the more rural areas in mainland. Do you guys think the next generation of cheap place to manufacture stuff will be in Africa?
The average cost of making a pair of shoe in 东莞 is just US0.20 cents.
Regards,