7 ms·
Covid won’t do much to supply chains. China’s decisions regarding intellectual property and trade secrets (IP), however, haven’t changed and are the reason my
by rubidium 7y ago
Covid won’t do much to supply chains.
China’s decisions regarding intellectual property and trade secrets (IP), however, haven’t changed and are the reason my (large) employer has stopped sending anything sensitive there. We still sell to China but any IP entering the country is assumed as forfeit.
Other countries are becoming more competitive even outside of IP considerations.
I think we’ll see more and more “the Chinese economy” and “the US Et al economy” but mainly divided by IP. Covid will be a minor blip on that scene.
- bayesian_horse 7y agoIt's easy to see that a lot of countries will be rethinking their supply chains. Especially everything concerning the medical industry.
- senectus1 7y agoyeah but its also easy to see capitalism deciding that the super cheap near slave labor in china make those products much cheaper, why buy local when it can be gotten for half the price +- 2 days delivery.