Winning the Factory Wars

A BMW SUV in an acoustic sound testing chamber at the BMW Brilliance Automotive Ltd. near Shenyang, Liaoning Province, China Photograph by Nelson Ching/Bloomberg

The Kiplinger Letter, a solid barometer of current wisdom on myriad topics, is predicting a “surge” in foreign investment in U.S. “factories, firms, and real estate” over the next five or six years. Welcome to Part II of the “onshoring” phenomenon I discussed earlier.

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