Meanwhile, in China, there's a push from the top to improve quality.[1] Government policy previously favored production quantity and increased market share. Mis

Meanwhile, in China, there's a push from the top to improve quality.[1] Government policy previously favored production quantity and increased market share. Mission accomplished. Now there's overcapacity in many areas. So the new policy push is to increase quality to add value. The government is willing to let low-quality companies go out of business. This is very obvious in China's electric vehicles. There used to be several hundred manufacturers, most producing really crappy cars. Now, there are fewer manufacturers, and the cars are much better. Ford's CEO on the BYD Shark: “It’s a great product. It’s sold well. They’re trying to sell in high volume in Mexico, but it’s also being localized in Thailand. If we want to be a global player in pickups, like we are now, we have to compete.” Tools from China used to be total crap, and now they are at least OK. There's a strong trend towards branded products from China, rather than white-label production. Brand reputation starts to matter. [1] https://qualityinspection.org/cheap-and-crappy-to-excellent-quality-the-transformation-of-china-made-products/ https://qualityinspection.org/cheap-and-crappy-to-excellent-...