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> automation will become a bigger thing in China Only if the party allows that to happen. They've got strong incentives to keep people employed.
by MrBuddyCasino 9y ago
> automation will become a bigger thing in China
Only if the party allows that to happen. They've got strong incentives to keep people employed.
- Matt3o12_ 9y agoUntil it becomes cheaper for Apple and other big companies to produce in other countries once again because shipping becomes more expensive then land + electricity + robots + maintenance staff then it costs to do the same in China without automation (or only with the automation allowed by the Party). China's best bet is to have a very strong local economy before this happens and not really heavily on the west -- but they are already on the fast track to do that.
- MrBuddyCasino 9y agoGood point. That may also partly explain China's shopping spree - if they control foreign businesses, they control where to manufacture stuff.
- nraynaud 9y agoYes they are bound to be the biggest economy in the world by the sheer size of their internal market. Same for India.