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842 points putzdown | 1 comments | 15 Apr 25 13:50 UTC | HN request time: 0s | source

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ChrisMarshallNY ◴[15 Apr 25 14:13 UTC] No.43692996[source]▶

This pretty much mirrors what a friend of mine said (he is a recently-retired Co-CEO of a medium-sized manufacturing business).

He's been telling me this, for years. It's not a secret. The information has been out there, for ages. I'm surprised that the administration didn't understand this.

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npiano ◴[15 Apr 25 14:21 UTC] No.43693160[source]▶

>>43692996 #

A genuine question, presuming no correct answer: what is to be done about it? China is reportedly on track to run more than 50% of global manufacturing by 2030, if the World Bank is correct. What would you do to act against this? Is doing nothing acceptable?

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1. constantcrying ◴[15 Apr 25 16:00 UTC] No.43694758[source]▶

>>43693160 #

>What would you do to act against this?

Bloc building. Europe has countries which do lots of manufacturing. Use those to gradually reduce reliance on China by slowly restricting Chinese access to the Bloc market and build up supply chains inside the Bloc.

Making everything in the US can not be done without a very severe decline in living standards.

>Is doing nothing acceptable?

How high is your desire to learn Chinese?

↑

America underestimates the difficulty of bringing manufacturing back