Apple Suppliers Looking to Manufacture in Vietnam

    Image copyright: Bloomberg [via Al Jazeera]

    The Spin

    Pro-establishment narrative

    China's Zero-COVID policy, as well as the country's silence on the Russian invasion of Ukraine, highlight Apple's need to shift its primary manufacturing away from the PRC. The company can find other countries with cheap and available labor, so this news is a net positive for the global economy.

    Establishment-critical narrative

    For anyone thinking companies like Apple make their manufacturing decisions based on human rights, they should delve a little deeper into the issue. The real reason they're joining Nike and Adidas in moving to Vietnam isn't a reaction to China's alleged human rights abuses, it's because COVID disrupted the supply chain and PRC wages have been on the rise.

    Metaculus Prediction


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