I encourage it, it just makes so much sense. As China moves out of developing country status and a larger middle class is created, the cost manufacturing and finding the labor to do it is gonna become higher. India and Vietnam will benefit from this. Hopefully Africa can get some of the love too since so many rare earth minerals are sourced from there.
I cannot believe you’re doing this too: mixing a continent in a conversation of countries. Uggh. Disappointed bruh, even if you’re just making it easy for others to follow along. Picking cause we know better.
And yes I do hope African countries benefit as well from this, except Congo, Ghana under their current corruption rule that is apparent with Cobalt & precious metals mining. DeBeers has already announce no more diamind mining soon & full transition to synthetic diamonds so such agriculture & demotic economic opportunity for a transition.
I don’t think a shortage of citizens is happening for manufacturing, but the rising wealth of a nation is so fast everyone from farming lands are becoming higher educated & wanting better more financially secure lives.
India has already experienced this with countrymen working abroad sending wealth to families back home. India is THE last economy based on textiles, and rapidly moving beyond this.
As you hinted on, as a populace’s wealth increases so too does their taste for a better lifestyle, spending, education, and further economic growth.