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Death By China - How America Lost Its Manufacturing Base
failboat Show this Post
07-24-2016, 02:39 PM #1
failboat Incognito Anonymous
 


07-24-2016, 02:56 PM #2
White Ribbon call me
Posts:9,779 Threads:371 Joined:Apr 2013
It's a bit long, but looks interesting..

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failboat Show this Post
07-24-2016, 03:18 PM #3
failboat Incognito Anonymous
 
(07-24-2016, 02:56 PM)the white wabbit Wrote:  It's a bit long, but looks interesting..

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it's a bit focused on the united states but first world countries around the world are facing similar issues.
07-24-2016, 04:12 PM #4
Ninelives Singing In The Rain
Posts:2,721 Threads:40 Joined:Feb 2016
(07-24-2016, 03:18 PM)failboat Wrote:  
(07-24-2016, 02:56 PM)the white wabbit Wrote:  It's a bit long, but looks interesting..

blink.gif

it's a bit focused on the united states but first world countries around the world are facing similar issues.

yup.gif

Look Up
07-24-2016, 05:19 PM #5
UniqueStranger Art in my heart
Posts:15,034 Threads:427 Joined:Jun 2012
It is a complex issue, but paying workers minimum wage and automation seems to be a key element.

Quote:By hosting more of the supply chain, China boosts its manufacturing competitiveness and attracts more investment. IMI, for instance, is headquartered in the Philippines and would have preferred to scale up its manufacturing there, where wages and worker turnover are lower. But Michael Hansson, a director, notes that after adding in other costs, such as shipping and tax, China is still cheaper—thanks to the dense cluster of suppliers and customers that IMI now has around Jiaxing, a 40-minute train ride from Shanghai.

Despite fast-rising wages, China’s factories are still far cheaper than their rich-world rivals. Many pay their employees just above the minimum wage, which at about $270 a month in China is less than a quarter that in America. And they are more efficient than many rivals in the developing world. McKinsey, a consultancy, found that labour productivity increased by 11% a year in China from 2007 to 2012, compared with 8% in Thailand and 7% in Indonesia. With Chinese factories just starting to pour money into automation, there is scope to improve productivity further. China became the biggest market for robots in 2013, buying 20% of all those made that year, according to the International Federation of Robotics. But it still has just 30 robots per 10,000 workers in manufacturing, compared with 323 in Japan. Foxconn, the Taiwanese firm that makes iPhones and has more than a million employees in China, says that it wants robots to complete 70% of its assembly-line work within three years.

Firms are also pursuing lower wages deeper into China. Foxconn once based its China operations mostly in Shenzhen, the manufacturing hub near Hong Kong. It now has large plants in Henan and Sichuan provinces, and is building a facility in Guiyang, one of China’s poorest regions.

İmage

http://www.economist.com/news/briefing/2...ening-grip
07-24-2016, 05:29 PM #6
Coolchick Member
Posts:5,205 Threads:118 Joined:Mar 2013
well yeah..

of course thats why

we lost tons of factories to china.. well and overseas generally

china used to be known for making cheap crap but they had a long term plan.

they are good chess players indeed..

we werent paying attention...

Just Plain Nuts.
07-24-2016, 05:49 PM #7
UniqueStranger Art in my heart
Posts:15,034 Threads:427 Joined:Jun 2012
(07-24-2016, 05:29 PM)Coolchick Wrote:  well yeah..

of course thats why

we lost tons of factories to china.. well and overseas generally

china used to be known for making cheap crap but they had a long term plan.

they are good chess players indeed..

we werent paying attention...

It may be that we can never catch up now.
07-24-2016, 06:17 PM #8
Coolchick Member
Posts:5,205 Threads:118 Joined:Mar 2013
no.

not unless we quit it with the dollar stores, and temp agencies for jobs..

no one has money to 'buy canadian' or whatever anymore

so they will just buy cheap crap.

Just Plain Nuts.
07-25-2016, 02:17 AM #9
Screaming Yellow Zonkers Member
Posts:2,706 Threads:265 Joined:Apr 2013
When people say we are going to war with China, I laugh. Obama put on a big show, while playing footsie under the table with China. They control half our food now. Chicken and pork markets are theirs. Now we are selling them movie production companies.
Japan owns Disney. It's laughable

aaah2.gif
07-25-2016, 03:17 AM #10
White Ribbon call me
Posts:9,779 Threads:371 Joined:Apr 2013
(07-25-2016, 02:17 AM)Screaming Yellow Zonkers Wrote:  When people say we are going to war with China, I laugh. Obama put on a big show, while playing footsie under the table with China. They control half our food now. Chicken and pork markets are theirs. Now we are selling them movie production companies.
Japan owns Disney. It's laughable

A war would never happen with china and the U.S...
07-25-2016, 05:41 AM #11
UniqueStranger Art in my heart
Posts:15,034 Threads:427 Joined:Jun 2012
(07-25-2016, 03:17 AM)the white wabbit Wrote:  
(07-25-2016, 02:17 AM)Screaming Yellow Zonkers Wrote:  When people say we are going to war with China, I laugh. Obama put on a big show, while playing footsie under the table with China. They control half our food now. Chicken and pork markets are theirs. Now we are selling them movie production companies.
Japan owns Disney. It's laughable

A war would never happen with china and the U.S...

Never say never.
07-25-2016, 09:34 AM #12
White Ribbon call me
Posts:9,779 Threads:371 Joined:Apr 2013
(07-25-2016, 05:41 AM)UniqueStranger Wrote:  
(07-25-2016, 03:17 AM)the white wabbit Wrote:  
(07-25-2016, 02:17 AM)Screaming Yellow Zonkers Wrote:  When people say we are going to war with China, I laugh. Obama put on a big show, while playing footsie under the table with China. They control half our food now. Chicken and pork markets are theirs. Now we are selling them movie production companies.
Japan owns Disney. It's laughable

A war would never happen with china and the U.S...

Never say never.

Oh, never never never..

blonde.gif
07-25-2016, 11:34 AM #13
Octo Mother Superior
Posts:42,983 Threads:1,473 Joined:Feb 2011
Yeah I'm tempted to say never too

yup.gif
07-25-2016, 11:55 AM #14
White Ribbon call me
Posts:9,779 Threads:371 Joined:Apr 2013
(07-25-2016, 11:34 AM)Octo Wrote:  Yeah I'm tempted to say never too

yup.gif

Never say never..

blonde.gif
07-25-2016, 12:15 PM #15
Octo Mother Superior
Posts:42,983 Threads:1,473 Joined:Feb 2011
İmage



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