> China has prowess in centralization and consolidation of their sub-supply chain - but that can be done in Thailand (Casio started making their $10-20 watches

> China has prowess in centralization and consolidation of their sub-supply chain - but that can be done in Thailand (Casio started making their $10-20 watches in Thailand since 2016, for e.g.), Vietnam, Indonesia, India, etc. Making cellphone cases by the millions is not adding any intellectual value in the society. These problems have been solved. On this – China's One Belt One Road initiative specifically targets many of these countries to come together into a consolidated economic alliance that includes trade routes and infrastructure subsidies plus a basket currency pegged to the GDP from the region. That's clever for a number of reasons. One of them is that it captures the revenue from precisely these alternative manufacturing bases that could otherwise be competing with China. It may or may not be successful depending on how aggressive China is or whether or not they keep up the same business practices and culture that make companies want to take manufacturing out of Shenzen in the first place. There's a massive political opportunity for the US but I think there's a lack of strategy in the administration to seize it.