4 ms·
Flip side. Americans could see (near-fully automated) manufacturing return as china is no longer cheaper.
by bushbaba 4y ago
Flip side. Americans could see (near-fully automated) manufacturing return as china is no longer cheaper.
- indymike 4y agoHere in the midwest that is exactly what is happening.
- Fargren 4y agoWouldn't manufacturing tend to move to the next cheapest place, rather than to the USA? Not that I know where that would be, maybe India or Latin America?
- mjevans 4y agoThe south-east Asia countries near China or maybe costal areas of Africa? It would help if they have a stable government and resistance to climate change.
- spaceman_2020 4y agoWay more complicated than simply "next cheaper place". Modern manufacturing has long, really, really long supply chains. You also need a mix of labor (low-end, mid-range, high-end). The Chinese-focused East-Asian manufacturing worked because you could get mid-range labor from China/Malaysia, low-end from interior parts of China/Vietnam/Bangladesh, and high-end labor from Korea, Taiwan, and Japan. Latin America is a good candidate because of the easy availability of raw materials and short supply lines to America. But their internal stability is a huge problem.