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Amazing to see an anecdote like this trotted out as newsworthy. There are three total data points and two of them are incredibly vague. Honestly, this feels a
by nkozyra 7y ago
Amazing to see an anecdote like this trotted out as newsworthy. There are three total data points and two of them are incredibly vague.
Honestly, this feels a bit like propaganda.
- 55555 7y agoIt's a company using politics to get free press. Nothing new here.
- nafizh 7y agoThe title clearly says 'World's top bicycle maker says'. It's an opinion.
- afterburner 7y agoIt's not opinion, it's an announcement that they're moving their manufacturing to Taiwan. "Giant Manufacturing is moving U.S. orders to Taiwan factory" "Giant" is the brand.
- microcolonel 7y agoYeah, not sure about how they're measuring. By market cap, Shimano is about four and a half times larger. P/E is very close between the two; Giant's PY return is about 77 times better than Shimano's.
- wtallis 7y agoShimano doesn't sell bicycles, just a lot of bicycle components and accessories.
- microcolonel 7y agoFair enough, I just couldn't think of any other manufacturers even in the industry that make more parts or complete bicycles (that I can actually buy) than Giant does.
- Mediterraneo10 7y agoShimano is the world’s major bicycle-component manufacturer, but they do not do much production of frames or complete bikes, and Giant certainly leads in that regard.
- stereo 7y agoShimano makes bicycle parts, not bicycles. Giant sells bicycles, and some of them come with Shimano parts.
- plausibilities 7y agoShimano also makes expensive high-end fishing reels. They go for anywhere from a couple hundred to 1k+ (like the Stellas) apiece and you typically want 3 - 5 rod/reel setups when going on a fishing trip.
- nkozyra 7y ago> It's an opinion. Opinion articles are - by convention - designated as such. This allows journalistic institutions to distance themselves from things that are insufficiently sourced or are overtly one-sided. This doesn't fall under that umbrella. It's presented as a piece of economic foreshadowing that Trump's threats are impacting the viability of China as a global manufacturing hub. Which, ok, prove it! Don't give us one company's stated stance, show the numbers. Give us more sources. This is not good journalism.
- OJFord 7y agoIt doesn't matter if you're right or not, if such a company believes (or even just says) it, it's newsworthy.
- hn_throwaway_99 7y agoIt's just a click bait title, especially since the last sentence in the article is "If America “decides to remove the 25% tariff, we will move the production back to China right away,” Tu said." Doesn't sound like the era of Made in China is over if they're itching to get back.
- datatrue 7y agoMade in China is over, that ship has sailed. - US recently declared China to be a dangerous competitor, - both parties are full-force anti-CCP. except maybe a few candidates like Joe Biden - Taiwan view China as dangerous as well - Way cheaper labors exists in SE asia
- dang 7y agoOk, we changed to the subtitle above.
- tungwaiyip 7y agoThe article is also missing an important context, Giant is a Taiwanese company. A lot of the world's high end bicycle are built by them in Taiwan.