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> Can anyone comment on supply chains that rely on Europe to source goods? You know all of the stuff that's made in China? The machines that make that stuff ar
by Alex3917 7y ago
> Can anyone comment on supply chains that rely on Europe to source goods?
You know all of the stuff that's made in China? The machines that make that stuff are made in Europe. Well, not literally the ones that make the stuff in China, but the ones that US companies would buy if they were trying to manufacture more stuff domestically to replace the stuff they can no longer buy from China.
- Symbiote 7y agoI think yes, literally, European machinery exported to China. It's a massive export sector for the EU (€127bn), and a chunk of that is to China, but the easily-available statistics lump machinery and vehicles, so I don't have a source.
- Alex3917 7y agoChina has started making some of their own machinery in the last 30 years. The quality generally isn't going to be as good as machinery coming from a company that's been making the same thing for 300 years, albeit for them using it internally that doesn't matter as much when the person who designed the machine is right there and can trouble shoot it in person.
- hef19898 7y agoIt will get interessting. because of the huge container backlog / production backlog in China Europe is facing a serious container shortage right now. Until this is figured out and solved, supply chain management will be a very interesting job. But by no means end-of-world serious, all life critical things are still getting through. also money buys a lot, even cargo space on ships and planes.