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China has more robots per capita than the US And the idea that China has low wages is outdated. Companies like Apple don't use China for its low wages, countri
by daymanstep 1y ago
China has more robots per capita than the US
And the idea that China has low wages is outdated. Companies like Apple don't use China for its low wages, countries like Vietnam have lower wages. China's strength lies in its manufacturing expertise
- mensetmanusman 1y agoWestern engineers worked relentlessly on knowledge transfer to China to do so, it might be easy to bring back with the 10x industrial subsidies that the CCP provided to do so.
- daymanstep 1y agoAnd the US is already starting to do it, for example partnering with South Korea or Japan to rebuild American shipbuilding.
- signatoremo 1y agoManufacturing expertise that have been transferred from the West over the last 40 years. Knowledge and expertise are fluid, they can go both way, they can be transferred to other countries as well, India, Vietnam, etc. The world doesn’t stand still.
- daymanstep 1y agoI don't get why I was downvoted. I didn't say anything that contradicts what you just said.