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>>I'm really surprised (even concerned) that the West (in particular) doesn't demand the same access to China that China gets to the rest of the world. We get
by icelancer 9y ago
>>I'm really surprised (even concerned) that the West (in particular) doesn't demand the same access to China that China gets to the rest of the world.
We get access to two things that matter:
1) Near-unlimited below-market skilled (and unskilled) laborers at below-market wages with few (though accelerating) human rights laws.
2) An ability to scale factories, technologies, industries, and business processes at a breakneck pace the US bureaucratic system holds up. As Steve Jobs said: "The iPhone is never going to be made in America." He said it not because of the cost - that was secondary - he said it because scaling rapidly and the turnaround time was not possible domestically.