I have a friend who sold his shares in VMT because of links to China.
With our listing in Australia and our sales into international markets excluding China the only link to China in our supply chain is our factory in China.
We are certainly not alone in having a manufacturing facility in China.
We are only there, like all the other companies around the world, because of the competitive advantage manufacturing in China currently brings. When that advantage disappears China will be out on its ear. They are our servant not our master.
Here is a list of well known companies that manufacture all or part of their products in china.
Note that the list is only the 1% of companies with well known names the full list is 100 times bigger.
Surprisingly VMT doesn't get a mention.
This is an interesting read for anyone with the time to spare.
https://qz.com/1953026/if-china-is-no-longer-the-worlds-factory-what-will-replace-it/
