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Plus we have a pretty good gauge of trillions of $ of stuff that goes into China and trillions of $ of stuff that comes out that is not the same. Like really p
by sct202 8y ago
Plus we have a pretty good gauge of trillions of $ of stuff that goes into China and trillions of $ of stuff that comes out that is not the same.
Like really people, China is probably faking some stats, but they're clearly rich and making a ton of money and stuff.
- jjeaff 8y agoYou say that as if manufacturing product for someone else was a highly profitable business. There is a reason more and more has gone overseas. The margins are vanishingly small and continuing to drop.
- giardini 8y agoYes but will China ever make a decent pair of pliers or crescent wrench for export? So far the answer is "No!". We've been inundated with one-time-use tool fluff/cruft for a decade now with no sign of it letting up. Good thing we're raising tariffs. In contrast, Taiwan-made tools are excellent, on a par with USA-made and European tools. Too bad Taiwan is caught up in the tariffs. But I always look for the "made in Taiwan" label anyway. If its present then I know it will work well. And older tools from Taiwan on eBay are good too.