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Stopping production for a significant period of time was the first gut punch covid is throwing. The second one seems to be landing on Europe and third will be N
by shartshooter 7y ago
Stopping production for a significant period of time was the first gut punch covid is throwing. The second one seems to be landing on Europe and third will be North America.
This means China will have a head start on getting supply up and running.
If the ROW is at a standstill in production, China will fill that gap which could further displace a lot of production in the west.
China getting containment in order didn’t bounce back but also bounce ahead in many places.
- matt_the_bass 7y agoI think that may be plausible. But I also think that a lot of companies relying on Chinese manufacturing all suddenly saw they had all their manufacturing eggs in one basket. I’m not suggesting that we should move manufacturing back to US, but we should diversify. I’m seeing that some of my suppliers have already moved to other Asian countries. I expect that diversification to continue.
- shartshooter 7y agoAgreed. The fallout from this, beyond loss of life and impact to day-to-day, will be really interesting and will seem obvious in hindsight.