5 ms·

Even if japan (or any other country) manages to pull production back within its boarders, wouldn't China still be more competitive due to cheaper labor/supply c

• camhenlin 6y ago
  That ought to depend on how heavily the Japanese government is willing to subsidize them
• mc32 6y ago
  It may be that rather than put all production eggs in the China basket, advanced economies diversify both by having domestic production and having a diversified global production basket.
• lgleason 6y ago
  Factor in the cost of the pandemic, and the question becomes is it worth it for that cheap TV etc.?
• reaperducer 6y ago
  Even if japan (or any other country) manages to pull production back within its boarders, wouldn't China still be more competitive due to cheaper labor/supply chain costs? Not everyone makes purchasing decisions based on price alone. My wife is into vintage things as a hobby. She says the demand for anything "made in USA" has gone through the roof in the last five years simply because people don't want to support China anymore. Even used Made in Mexico, Taiwan, and Hong Kong items have seen a surge. The trick is to move that view of China as a bad option from a subset of people to the majority of people. Her full-time work is in retail, and she says people will happily pay 3x the price for "Made in Italy" items instead of "Made in China." China knows this, which is why it has factories in both the E.U. and the United States filled with Chinese laborers churning things out so they can be labeled "Made in {$anywhere_but_China}."
  • pkaye 6y ago
    > China knows this, which is why it has factories in both the E.U. and the United States filled with Chinese laborers churning things out so they can be labeled "Made in {$anywhere_but_China}." Can you mention one major factory in the US with Chinese laborers?
    • kyuudou 6y ago
      Probably means Vietnam, Laos and the Philippines? Since less tariff and cheaper labor pool and especially in Vietnam, less individual rights.
      • tim333 6y ago
        A lot of Chinese production had moved to Vietnam and Cambodia, partly due to tariffs, partly cheaper labour. Mostly the factories are Chinese owned and managed but with local workers.
    • reaperducer 6y ago
      Define "major." There have been a number of articles in newspapers about this, including in a city where I lived recently. They set up entire self-contained communities.
      • pkaye 6y ago
        More than 1000 employees.
  • int_19h 6y ago
    If those Chinese-staffed factories comply with US and EU laws, especially stuff like minimum wage, benefits, and environmental regulations, that's perfectly fine - they're competing on even ground with any other factory in the country.