US toymaker swimming against the tide with new US$20 million China factory despite decoupling calls

Source: China – South China Morning PostHammered by tariffs, coronavirus pandemic-fuelled disruptions and rising costs, some global manufacturers are reducing their reliance on Chinese factories and moving assembly lines to Vietnam, Malaysia and other lower-cost countries, or even Japan.But Ryan Gunnigle, the chief executive of Kids2, is swimming against that tide. The Atlanta-based maker of toys and infant products recently opened the first phase of a factory on the banks of the Yangtze River in central China at a cost of US$20…Read More

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