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The token 12-18 month international boycott and sanctions that came after Tiananmen. America was most reluctant and one of the first to cave back to business as
by NeedMoreTea 7y ago
The token 12-18 month international boycott and sanctions that came after Tiananmen. America was most reluctant and one of the first to cave back to business as usual.
Now that we're seeing some of the downsides of globalisation, perhaps the world community could hold its nerve longer. Or perhaps not as that's not a profit making stance.
- cbames89 7y agoIt could provide the motive to begin a(an even more?) massive automation push within the U.S. That could have long-term negative consequences for China.
- vymague 7y agoI don’t know how it is in the US. But Kuka is at least owned by China, iirc.
- QuitterStrip 7y agoKuka is owned by the Chinese company Midea Group according to wikipedia: https://en.wikipedia.org/wiki/KUKA https://en.wikipedia.org/wiki/KUKA
- paganel 7y agoA total trade war between the US/Europe and China could mean China being dropped out of the WTO and then some of its Western-owned entities to be nationalized by the countries involved. I know that pretty much nothing like this has happened on such a great scale, but there’s always a first.
- flyinglizard 7y agoThese robots are commodities. The value in automation is not in the robotic systems themselves but the tooling, processes and fixtures of the factory. These are usually locally (or nationally) sourced. With a bit of work you could pretty much take out any Kuka robot, install a comparable ABB robot or Fanuc and go on with production. (source - I designed a robotic manufacturing plant for consumer electronics and bought dozens of Kuka robots)
- mpfundstein 7y agoI still hate the german government for allowing that to happen
- tekkk 7y agoIt's no fun seeing your country's best companies being snatched up by Chinese companies, which your country's companies can't even consider buying. Same with Supercell although it went with Softbank as intermediary buyer. Oh well. At least they don't funnel their profits with tax schemes. But I guess it's hard to resist temptation of selling when they come with truckloads of money. We are all humans after all.
- mschuster91 7y ago> Now that we're seeing some of the downsides of globalisation, perhaps the world community could hold its nerve longer. The problem is that decades of globalization have all but wrecked domestic manufacture of many goods that China provides - not just cheap plastic toys but basically anything that requires lots of human assembly. A part of electronics manufacture could probably be picked up by Vietnam, Japan and South Korea but that's it, the world has shifted to China too much. In the long term it might be a sane option for the Western world to see Africa as more than just a dumping ground for excess food/clothing "donations" or a source for stealing fish, but that would require politicians with more long term vision than "how do I get reelected"...
- Nasrudith 7y agoEven if limited to a 1 to 1.5 year(s) sanctions that would be far more damaging now than it was in 1989 due to fixed costs and dependencies. The most damaging aspect of the sanctions would be giving time for a competition to establish itself again while the outsourcing destination was unavailable - even if it takes the form of going to India instead of China.