>Unique today. But what about tomorrow? It's not like another country can't do the same thing. It requires the willingness to throw public money at it and depr

>Unique today. But what about tomorrow? It's not like another country can't do the same thing. It requires the willingness to throw public money at it and depreciate the currency, decades of patience and favourable trade conditions. Technically other countries could do it but most have neither the patience, capital, time or goodwill. This may well include the US. >There's nothing inherently Chinese about opening a factory quickly. It's the ecosystem of factories in close quarters that creates their non-replicable competitive advantage. That includes soft capital (lots of people with experience) with hard (container shipping). For the time being (and at least for the next decade), that is uniquely Chinese, and only the US or EU are even capable of duplicating that (and it's unclear whether they have the will).