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That’s exactly my point. Apple moving some production to India (or so I read) is a good first step. Western production moved to China due to Chinese strategic e
by kranke155 4y ago
That’s exactly my point. Apple moving some production to India (or so I read) is a good first step. Western production moved to China due to Chinese strategic efforts to locate our industrial production there. We should have our own strategic effort of our own to reverse that.
- DiogenesKynikos 4y agoThis is rewriting history. Production moved to China because China began allowing foreign investment, and Chinese labor was cheaper. Foreign companies made their own decisions to take advantage of cheap Chinese labor. This wasn't some sort of nefarious Chinese plot. The US also wanted China to open up to American investment.
- kranke155 4y agoChina made a large effort to woo western companies to manufacture there. Afaik they built special economic zones, it was a deliberate effort by the govt. If it all happened by accident then why didn’t manufacturing move to India? Both China and India moved to the GATT at the same time afaik.
- lmm 4y agoManufacturing didn't move to India largely because their quality wasn't good enough. There's no need to make it more complicated than that.
- DiogenesKynikos 4y agoOf course China tried to attract foreign investment. Describing that as > Chinese strategic efforts to locate our industrial production there makes it sound like some sort of conspiracy to undermine the US. It was normal economic policy, of the type practiced by most countries.
- Eisenstein 4y ago> This wasn't some sort of nefarious Chinese plot. No need to put 'nefarious' in there, or 'plot' even, but it was a goal. If not, then why did they want to join the WTO so badly?
- DiogenesKynikos 4y agoThey wanted to join the WTO so that their exports wouldn't be subject to high tariffs and other barriers. The issue is that there were no > Chinese strategic efforts to locate our industrial production there There was a Chinese policy of encouraging foreign investment, but that's not a strategic plan to remove another country's industrial capacity, which is how OP framed it.