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by marnett 2565 days ago
China has manufacturing facilities and capacity that far exceed any other nation. This includes making high end products based on foreign designed specifications (I.e. iPhone). GP is saying that it is not if, but when, China will have attained the baseline IP to spend remaining efforts on exceeding foreign innovation and using their domestic manufacturing capabilities to deliver on them.

Currently the “trade war” just attacks Chinese companies that have done exactly what I described above (Huawei being a primary example) - claiming cybercrimes, arresting executives, slamming lawsuits, barring imports, etc.

Manufacturing is not a switch that can be turned back. America had severe oversight when allowing our manufacturing capacity to head south to Mexico and east to China. We are pretending the trade war is the US “sticking it” to China. But in reality China has all the cards in this war - the US is bluffing to its citizens; the economy of the coming decades will be on China’s terms.

1 comments

you're exactly right. although i think the oversight was coupled with greed. corporations in the u.s. began a race to the bottom in terms of manufacturing cost, and now we're paying for both incompetent oversight and greed. consumers are to blame as well, but that blame is hard to place when consumers in the middle and lower class are getting squeezed in every direction.

it's very disappointing that the u.s. took this turn.