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As China increases their creative capability they are increasingly capable of matching US products at higher and higher levels. They started with dollar store s
by aurizon 10y ago
As China increases their creative capability they are increasingly capable of matching US products at higher and higher levels. They started with dollar store stuff, made cheap, sold cheap - but now it is made better and the range of products that attack US products is moving upmarket from the dollar stores to all level of technology - bar none. IP protected items, movies, designs, trademarked, patented etc are gaining fewer premium dollars every year.
Costs of city and state unions ratchet up inexorably, same with the manufacturing unions. How soon before China has a well designed car that will kick the snot out of what Detroit makes? (as if the unions have not already nearly killed US cars and Detroit)