China

China has been the manufacturing center for many years but that is changing and reshoring is happening throughout the world. Where will the new industrial bases be located. Many will move to other parts of Southeast Asia, places like South Korea, Thailand and Vietnam but a goodly portion will come to North America. This area has a strong consumer base, a young workforce and the existing infrastructure. The US economy is the biggest in the world and as the cost of transportation and concerns about supply chains grow, the US has the great advantage of having buyers close to producers. North America will have economic expansion not seen since the 1950's.