4 ms·
> It's also politically preferable for the US to depend on a hundred small countries instead of one big competitor FTA: The Chinese model of the past 20 years
by est 7y ago
> It's also politically preferable for the US to depend on a hundred small countries instead of one big competitor
FTA:
The Chinese model of the past 20 years thrived on suppliers being close to each other, making production quicker, less expensive and more efficient. Now, as operations become more fragmented, they are threatening to raise costs, stretch delivery times and expose companies to multiple tax and labor regimes