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All this while demand is not growing like it once was. Lot of these projects will bomb. And the west doesnt have docile easy to dominate labour that east asia h
by gsatic 3y ago
All this while demand is not growing like it once was. Lot of these projects will bomb. And the west doesnt have docile easy to dominate labour that east asia has. They will never achieve the same margins. And as soon as China-Taiwan chapter is over, corporate robots will happily return.
- littlestymaar 3y ago> And as soon as China-Taiwan chapter is over That's a very strong prerequisite though… It may not be over for several decades to come.
- gsatic 3y agoAfter what happened to hong kong, its hard to believe that.
- littlestymaar 3y agoNo offense but there's no possible comparison between the two, and comparing the situations only highlight your lack of understanding of the situations: - Hong Kong belonged to China already, it just had a special status that was supposed to expire at some point, Xi “just” went ahead of schedule but there wasn't anything to stop him from doing so (no independent HK government, no army, etc) - Taiwan is a complete state, with a government and an army, a navy and an air force equipped with Western and mordern home-grown equipment, cruise missiles and anti-ship missiles and so on. Without a Western direct armed intervention, Taiwan is almost always expected to fall after a few weeks by Western military analysts (though the same analysts also expected Ukraine to be unable to match Russia on conventional battles), but even the current predictions on Taiwan suggests that China will pay a signifiy cost in terms of casualties and and material even if they succeeded eventually. And again the success assumes no military actions from the West. Of course Xi may take his chance anyway, but the situation would still be incomparable to HK.
- baybal2 3y ago> Hong Kong belonged to China already, it just had a special status that was supposed to expire at some point Hong Kong was leased to the British Crown in the perpetuity.
- Affric 3y agoThis is a bad faith comment. The new territories had a 99 year lease and in 1997 had more than 2 million Hong Kongers living there. About a third of the population.