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Local means worse. The West has terrible production infrastructure when compared to places like Shenzen. It's a serious disadvantage on many fronts.
by neuronic 7y ago
Local means worse. The West has terrible production infrastructure when compared to places like Shenzen. It's a serious disadvantage on many fronts.
- ebog 7y agoThat's not entirely true. The US is good at capital intensive or high skilled manufacturing like most other countries aren't. That's why it's viable for a lot of car companies to open plants in the US. It's just that most of the supply chain requires more labor and less capital, which the US economy is not suited towards.