Apparently offshoring basically all of your manufacturing while not giving a shit about the loss of engineering capability and institutional knowledge has significant downsides. Who knew? Who could possibly have seen this coming?? I’m serious. I would ask the people in engineering but they all got fired like twenty years ago.
China’s got plenty demonstrated competence across the board. From lifting people out of poverty, to making large scale infrastructure projects, and now leading the way in green energy transition.
They’ll likely have a better chance of pulling it off than America’s push to “delete China”.
Apparently offshoring basically all of your manufacturing while not giving a shit about the loss of engineering capability and institutional knowledge has significant downsides. Who knew? Who could possibly have seen this coming?? I’m serious. I would ask the people in engineering but they all got fired like twenty years ago.
having basic competence helps with that
In which case… they’re both screwed.
China’s got plenty demonstrated competence across the board. From lifting people out of poverty, to making large scale infrastructure projects, and now leading the way in green energy transition.
AKA creating even higher levels of inequality than usa.
wake me up when things like this start happening in usa https://www.worldbank.org/en/news/press-release/2022/04/01/lifting-800-million-people-out-of-poverty-new-report-looks-at-lessons-from-china-s-experience