With what we know now, or going back in time and making different decisions than what were made? offshoring isn't necessarily the wrong decision, but sending it all to one country with hostile form of government to your own does seem like a bad move. China just happened to be smart enough to develop in this way where Mexico or other Latin American countries did not, nor did other Asian countries. They are all now trying to play catch up, but only after China became THE place for all of this manufacturing.
There is no overnight solve at this point. But a solution would be working to help countries with more friendly government to your own to build up their manufacturing with the promise of guaranteed business to help prop it up by moving away from the hostile government.
There is no overnight solve at this point. But a solution would be working to help countries with more friendly government to your own to build up their manufacturing with the promise of guaranteed business to help prop it up by moving away from the hostile government.