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This time I wonder if some businesses are moving out of China due to the instability of the relationship with the US and China, not to mention the future instab
by gscott 8y ago
This time I wonder if some businesses are moving out of China due to the instability of the relationship with the US and China, not to mention the future instabilities to come.
- seanmcdirmid 8y agoI don’t think so, not yet anyways. Trump is probably a one term president, and most companies are thinking longer term. 1989-90 was much much worse.
- reaperducer 8y agoI don’t think so Think again. GoPro moving some production out of China to avoid US tariffs: https://www.cnn.com/2018/12/10/tech/gopro-china-tariffs/index.html https://www.cnn.com/2018/12/10/tech/gopro-china-tariffs/inde...
- seanmcdirmid 8y agoSo what? Does one data point make the case for a sustained long term trend?
- reaperducer 8y agoIt's a single data point because I'm not going to do your research for you. It's something that happened recently and was mentioned on HN, that's why I provided the courtesy of posting that for you.
- seanmcdirmid 8y agoYes, nor am I going to do your research either. The fallacy of the data point is still a thing. https://en.m.wikipedia.org/wiki/Faulty_generalization https://en.m.wikipedia.org/wiki/Faulty_generalization
- cc439 8y agoI can tell you that Caterpillar has planned to move almost all production out of China with the majority coming back to the US. They're even spinning up casting plants that have been shuttered for over a decade because of this.