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It goes both ways. The current supply chain crisis already demonstrated how reliant EVERYONE is on Chinese manufacturing. No politician would dare to sanction C
by dixie_land 5y ago
It goes both ways. The current supply chain crisis already demonstrated how reliant EVERYONE is on Chinese manufacturing. No politician would dare to sanction China when it means immediate runaway inflation.
- stickfigure 5y agoI'll keep posting this list every time this subject comes up: https://en.wikipedia.org/wiki/List_of_the_largest_trading_partners_of_China https://en.wikipedia.org/wiki/List_of_the_largest_trading_pa... China is 15-25% of the trade for those countries, but the west-aligned countries represent 80% of China's trade. A coordinated trade war would be vastly more devastating for China than the rest of the world. I don't say this gleefully - I hope it never happens.
- coryrc 5y agoEvery electronic thing made has parts from China. I can't build a car in Germany and export to America without having done trade with China first. Who cares if I could still get Irish butter if I can't get replacement parts for my MRI machine?
- Etherlord87 5y agoPardon my ignorance, but isn't it the case that a lot of stuff coming from China is stuff produced in China, but using western technology? If that's correct, moving production outside of China would be so hard I can't imagine it, but not entirely impossible. It would be a huge crisis that would be eventually, heroically fixed. Another problem is the access to resources like rare metals, that China stockpiles.
- nanidin 5y agoWhen I worked at Garmin, they made all of the aviation electronics in house on production lines in Kansas due to FAA requirements. I don’t know how deep the “must be made in USA” requirements go though.
- coryrc 5y agoWhere are the resistors, capacitors, power ICs coming from?
- stickfigure 5y agoDo you think those parts aren't currently being made elsewhere? South Korea is a powerhouse. The loss of China would be a capacity problem, sure. But market economies (aka price incentives) are terrifically good at solving capacity problems.