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While losing China would certain set off shockwaves, I'd say you are in fact on a limb and have it backwards. Manufacturing can be moved and trivially ramped ov

by jquery 8y ago

While losing China would certain set off shockwaves, I'd say you are in fact on a limb and have it backwards. Manufacturing can be moved and trivially ramped over a few years, perhaps at great cost, but still, only cost. Advanced technology, culture, and other elite exports are not so easily moved to Bangladesh or Vietnam. I'll go out on a limb and say losing Japan would be a bigger loss for the world than losing China due to this. Things I own that are made in China, or have parts made in China, are mostly owned for the cheaper price, not for any uniqueness. Japan and the USA export unique things which cannot be replaced by merely paying a higher price. Losing Google alone would set the world years back. Losing America would scramble world culture entirely (maybe for the better, you say, but that's a value judgement). Whereas China is so insular, the world would move on quickly. It depends on what you value, I guess.

sjwright 8y ago
"There's a confusion about China. The popular conception is that companies come to China because of low labor cost. I'm not sure what part of China they go to but the truth is China stopped being the low labor cost country many years ago. And that is not the reason to come to China from a supply point of view. The reason is because of the skill, and the quantity of skill in one location and the type of skill it is." "The products we do require really advanced tooling, and the precision that you have to have, the tooling and working with the materials that we do are state of the art. And the tooling skill is very deep here. In the US you could have a meeting of tooling engineers and I'm not sure we could fill the room. In China you could fill multiple football fields." -- Tim Cook, from this article: https://www.inc.com/glenn-leibowitz/apple-ceo-tim-cook-this-is-number-1-reason-we-make-iphones-in-china-its-not-what-you-think.html https://www.inc.com/glenn-leibowitz/apple-ceo-tim-cook-this-...

by jquery 8y ago

sjwright 8y ago

"There's a confusion about China. The popular conception is that companies come to China because of low labor cost. I'm not sure what part of China they go to but the truth is China stopped being the low labor cost country many years ago. And that is not the reason to come to China from a supply point of view. The reason is because of the skill, and the quantity of skill in one location and the type of skill it is." "The products we do require really advanced tooling, and the precision that you have to have, the tooling and working with the materials that we do are state of the art. And the tooling skill is very deep here. In the US you could have a meeting of tooling engineers and I'm not sure we could fill the room. In China you could fill multiple football fields." -- Tim Cook, from this article: https://www.inc.com/glenn-leibowitz/apple-ceo-tim-cook-this-is-number-1-reason-we-make-iphones-in-china-its-not-what-you-think.html https://www.inc.com/glenn-leibowitz/apple-ceo-tim-cook-this-...