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> As long as the labor costs as tenfold of a Chinese company, any attempts of this will fail. Why? China isn't dominating the chip-making industry, but if it
by tablespoon 6y ago
> As long as the labor costs as tenfold of a Chinese company, any attempts of this will fail.
Why? China isn't dominating the chip-making industry, but if it were only about labor costs, they probably would. That's a hole in your theory.
Also creating conditions were things like higher labor costs prevent strategic industries from being located in your territory is a political decision, and political decisions can be changed.