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If you deal with unequal trade "partners" like China that grossly disregard any intellectual property, don't care about labor security and environmental standar
by sprash 6y ago
If you deal with unequal trade "partners" like China that grossly disregard any intellectual property, don't care about labor security and environmental standards and as a result have a massive trade surplus not based on innovation but mostly based on cheap labor you have to draw a line at some point.
The biggest "ball" that was dropped on innovation in the US was to allow companies to outsource their manufacturing to mainland china.
- deleted 6y ago[deleted]
- wombatmobile 6y agoChina has rapidly become a global leader in automation. From 2018 to 2020, a sales increase between 15 and 20 percent on average per year is possible for industrial robots. Annual sales volume has currently reached the highest level ever recorded for a single country: Within a year, sales in China surged by 27 percent to 87,000 units (2016). https://ifr.org/news/robots-china-breaks-historic-records-in-automation https://ifr.org/news/robots-china-breaks-historic-records-in...