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>Here's how the China trade illusion works (and the West keeps falling for it for some reason): Plainly, its because most Western Governments (especially in th
by pm90 9y ago
>Here's how the China trade illusion works (and the West keeps falling for it for some reason):
Plainly, its because most Western Governments (especially in the US) are heavily influenced by business interests via lobbies, PAC's etc. And Businesses simply want to use cheap labor in China to improve their bottom lines, even if that means the labor force in the US suffers as a result. They do not give a shit if China reneges on its WTO promises or destroys other Western companies.
Sometimes the kind of skilled labor force or logistical supply chain is simply not present in the US, or is too expensive to implement in the US.
- 18pfsmt 9y agoThe US has the most advanced manufacturing sector in the world, while China produces the overwhelming junk you can find at the big-box stores. China's gov is basically one giant corporate lobby on behalf of a single country.
- pm90 9y agoThat’s a little disingenuous. Most consumer electronics are created in China. So are many of the largest commercial ships.