U.S. President Donald Trump has threatened to impose far larger tariffs on the European Union and Canada if they work together to combat trade tariffs.
It took 30 years for Chinese manufacturing to reach what it is today.
Yes, other countries would love to take on that role.
But it would take another 30 years, IF China cooperated and pushed the transition like the west did. Which they won’t.
But that only takes into account the time when China started their shift into manufacturing. China has been THE dominant manufacturer for at least 20 years now. So we shouldn’t judge by today, but should judge by their rise to dominance.
Plus having a distribution of countries to use as manufacturers allows for specialists to emerge, likely speeding up their individual adoption of the role they choose.
And why would China cooperate with their own exclusion from the world market? And even if they chose economic suicide, why would their assistance be required for other countries to become manufacturers?
China doesn’t need to push the transitioning. Juat like you said, the previous time that push was done by the west. The same west can do the same push again.
It took 30 years for Chinese manufacturing to reach what it is today.
Yes, other countries would love to take on that role.
But it would take another 30 years, IF China cooperated and pushed the transition like the west did. Which they won’t.
But that only takes into account the time when China started their shift into manufacturing. China has been THE dominant manufacturer for at least 20 years now. So we shouldn’t judge by today, but should judge by their rise to dominance.
Plus having a distribution of countries to use as manufacturers allows for specialists to emerge, likely speeding up their individual adoption of the role they choose.
And why would China cooperate with their own exclusion from the world market? And even if they chose economic suicide, why would their assistance be required for other countries to become manufacturers?
China doesn’t need to push the transitioning. Juat like you said, the previous time that push was done by the west. The same west can do the same push again.