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Gosh, what a click-bait title. I guess this is a politically biased article, trying to attack Trump. It's not that I like the tariff nor the fight b/w the coun
by esjeon 7y ago
Gosh, what a click-bait title. I guess this is a politically biased article, trying to attack Trump. It's not that I like the tariff nor the fight b/w the countries, but it's just that the title is straight wrong.
"China Exodus" has been a thing for almost a decade, meaning that there has been good reasons to leave China other than that little tariff thingy. Rising labour costs, ever-increasing regulations, unexplained government actions, a large number of Chinese (copycat) competitors, government-backed industrial espionage, corruption, lack of justice, etc. It has been like this since mid 2000s, and many global corporations have either already moved their critical production lines or set up backups outside of China.
Quitting is impossible? Nope. Totally possible and many have already done that since years ago. The actual problem is small businesses who can't afford to build new suitable production lines in a hurry. China is indeed the best factory right now, since it's almost a grab-and-go. But that doesn't mean it's going to be the best for everyone nor forever.