▲ | daymanstep 3 days 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China has more robots per capita than the US And the idea that China has low wages is outdated.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 | ||||||||
▲ | signatoremo 3 days ago | parent | next [-] | |||||||
Manufacturing 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. | ||||||||
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▲ | mensetmanusman 3 days ago | parent | prev [-] | |||||||
Western 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. | ||||||||
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