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PaulKeeble ◴[] No.43692896[source]
Its the integration and overall combined effect of the entire industrial pipeline that makes China so incredible. It processes all the raw materials and the recycling/reuse of off cuts through every possible way to turn those raw materials into components and then into goods with very little need for import from other countries. Its the complete system for a huge variety of goods.

To compete with that the entire pipeline from raw materials through components and final product needs to be reproduced and its taken China 40+ years to build up to this capacity and capability.

I think its something more countries should consider and do for certain pipelines but we are in a world with vast international trade and the winner(cheapest) takes most of the trade so whatever it is needs to be worth while within country.

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MisterTea ◴[] No.43693188[source]
> Its the integration and overall combined effect of the entire industrial pipeline that makes China so incredible.

The incredible part is USA exported that entire sector to China.

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PaulKeeble ◴[] No.43694415[source]
They saw extra profit $ and didn't consider the consequences. I suspect there was a bit of racism involved where they thought the Chinese would never learn to go from manufacturer to designing products nor master the entire pipeline and end up competing with them in the domestic market. China obviously did because they funded engineering education heavily and learnt all they needed to and surpassed the companies they built for some time ago.
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1. Clubber ◴[] No.43707670[source]
>I suspect there was a bit of racism involved

Or they wanted access to sell to the Chinese market and they did whatever it took to get it.