My point is that near-shoring is the obvious thing to do under the rationale you're talking about, but actually wouldn't show up in that chart.
Here's a comparison of the US vs Europe (which experienced similar China shocks):
https://www.atlanticcouncil.org/blogs/econographics/the-ira-...
My point is that near-shoring is the obvious thing to do under the rationale you're talking about, but actually wouldn't show up in that chart.
Here's a comparison of the US vs Europe (which experienced similar China shocks):
https://www.atlanticcouncil.org/blogs/econographics/the-ira-...