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And simultaneously the US has been ploughing massive amounts of capital into domestic manufacturing construction. Money that would have previously been invested
by adventured 3y ago
And simultaneously the US has been ploughing massive amounts of capital into domestic manufacturing construction. Money that would have previously been invested into China or elsewhere, is now staying domestic (with a lot of capital also going to eg Mexico).
- s1artibartfast 3y agoWhat do you mean when you say that the money would have previously been invested into China? Was the US federal government previously funding fab development in China? That is to say, it seams like this investment is to meet a very specific need, and wouldn't have happened otherwise. Similarly those paying aren't the same either.