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It is not that simple. The minute China does it - they stand alone. The whole premise of outsourcing manufacturing to China will die. No one will trust them to
by john_minsk 6y ago
It is not that simple. The minute China does it - they stand alone. The whole premise of outsourcing manufacturing to China will die. No one will trust them to do it. In my opinion they won’t do it
- ben_w 6y agoWith ~20% of the world’s population, more than the entire combined population of the G7, they might be able to stand alone. They may not explicitly desire standing alone, but I wouldn’t bet against them deciding that’s the better option, nor would I bet against them using or threatening to use their manufacturing capability to put pressure on certain policy objectives. It’s not like other countries don’t use economic impact as a carrot/stick to achieve policy objectives.
- bserge 6y agoImo, it's because they have such a huge population that they can't stand alone. They simply don't have enough resources. And unlike the US, they're surrounded by current and potential enemies.
- toyg 6y agoThe setup of China being the world’s workshop is temporary. Chinese leadership is using foreign capital to bootstrap their internal market. They will be self-sufficient in less than a generation.
- 737maxtw 6y agoAnd, perhaps more importantly, they are using all of the monies to start getting their own foothold in other continents. IOW they are entering their own modern expansionist phase.