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US manufacturers were running plants in Mexico where the wages were probably not much above that. The deeper problem is China has a lot of dedicated engineers d
by tim333 2y ago
US manufacturers were running plants in Mexico where the wages were probably not much above that. The deeper problem is China has a lot of dedicated engineers developing stuff and dominating in batteries and the like that are largely churned out by automated machinery.
This is kind of what chinese assembly is looking like these days - robots and high tech https://youtu.be/gjbwq5vp0C4?t=12 https://youtu.be/gjbwq5vp0C4?t=12
That was Geely and there's some video of BYD here https://youtu.be/Bd_bx6a4hgE https://youtu.be/Bd_bx6a4hgE
- myrmidon 2y ago> The deeper problem is China has a lot of dedicated engineers developing stuff and dominating in batteries and the like that are largely churned out by automated machinery. Deeper problem for what? I don't think that automation changes the whole picture as much as you might think. Sure, the wage component of product cost is gonna decrease, but you still need people to build, upgrade, maintain and operate those assembly lines, and cheaper wages there still mean lower costs. Which is why EU car manufacturers also moved a lot of their production eastward (Slovenia, Hungary, etc.) despite very high automation.
- tim333 2y agoDeeper problem for the west competing.