Trump tariffs have China scrambling to stem manufacturing exodus as 50 companies leave

NightHawkeye

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China scrambles to stem manufacturing exodus as 50 companies leave

A year into the trade war with Washington, more than 50 global companies, including Apple and Nintendo, have announced or are considering plans to move production out of China, Nikkei research has found.

And not just foreign companies. Chinese manufacturers, as well as those from the U.S., Japan and Taiwan, are part of the drain, including makers of personal computers, smartphones and other electronics
.
Arguing about the merits of tariffs is over. It will now be interesting to see how this all plays out.
 

NightHawkeye

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Actually there are few good places for those companies to relocate over there, as they are at 'capacity' now.
There are a lot of places people are willing to work for very little money. To people with nothing, a little seems like a lot.
 
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OldWiseGuy

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There are a lot of places people are willing to work for very little money. To people with nothing, a little seems like a lot.

I'm referring a comment made concerning the flight of companies from China. It was posited that those countries nearby (still in the region) were already at capacity concerning what they could provide for a rather large company, to include their infrastructure, skilled workforce, etc. They were "all filled up" with other companies, leaving the fleeing companies nowhere to relocate to take advantage of the traditionally low operating costs in the region.
 
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NightHawkeye

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I'm referring a comment made concerning the flight of companies from China. It was posited that those countries nearby (still in the region) were already at capacity concerning what they could provide for a rather large company, to include their infrastructure, skilled workforce, etc. They were "all filled up" with other companies, leaving the fleeing companies nowhere to relocate to take advantage of the traditionally low operating costs in the region.
Understood.

I used to work for a large technology company which regularly partnered with 3rd world countries to set up jointly-owned manufacturing operations. They did this repeatedly with a number of countries all over the world. It didn't matter whether the country had technology workers already or not. The company was successful training.
 
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NightHawkeye

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Curiously, I heard someone explain the origin of the phrase "3rd world" today.

In the middle of the 20th century the free and prosperous Western world was considered "1st world". The communist world and the satellites of the Soviet Union and China were considered "2nd world". Hence, the poorly developed rest of the world was considered "3rd world".
 
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Ana the Ist

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China scrambles to stem manufacturing exodus as 50 companies leave

A year into the trade war with Washington, more than 50 global companies, including Apple and Nintendo, have announced or are considering plans to move production out of China, Nikkei research has found.

And not just foreign companies. Chinese manufacturers, as well as those from the U.S., Japan and Taiwan, are part of the drain, including makers of personal computers, smartphones and other electronics
.
Arguing about the merits of tariffs is over. It will now be interesting to see how this all plays out.

Uhhhh...pretty clear how it's going to play out. They'll move to other nations that have few to zero worker's rights and allow them to pay the least amount possible to make their products.
 
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NightHawkeye

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Uhhhh...pretty clear how it's going to play out. They'll move to other nations that have few to zero worker's rights and allow them to pay the least amount possible to make their products.
So is that a good thing ... or a bad thing?

Noting that people in China were in that situation just a few years back.
 
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Ana the Ist

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So is that a good thing ... or a bad thing?

For who?

If you're talking about whether it's good or bad for China, I would argue it's definitely bad. Good or bad for the US remains to be seen....but one could make the argument that anything bad for China tends to be good for us.

One could also argue that long term stabilization of China is what keeps them from possibly competing with us militarily.....and that even gradual destabilization of China might lead to direct conflict....but that's assuming a lot about the future.
 
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Tanj

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So is that a good thing ... or a bad thing?

Noting that people in China were in that situation just a few years back.

I'm going to go with long term irrelevant thing. With automation, AI and 3d printing the concept of human manufacturing jobs in any country will be consigned to history books.

In the short term probably hurt the average Chinese person, and be irrelevant to the Chinese powers, who have huge influence over the South East Asian nations anyway.
 
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China scrambles to stem manufacturing exodus as 50 companies leave

A year into the trade war with Washington, more than 50 global companies, including Apple and Nintendo, have announced or are considering plans to move production out of China, Nikkei research has found.

And not just foreign companies. Chinese manufacturers, as well as those from the U.S., Japan and Taiwan, are part of the drain, including makers of personal computers, smartphones and other electronics
.
Arguing about the merits of tariffs is over. It will now be interesting to see how this all plays out.

Yep, Trump has them jumping and in the right direction.

All of this is going to look good in 2020.

M-Bob
 
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Tanj

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Yep, Trump has them jumping and in the right direction.

All of this is going to look good in 2020.

M-Bob

For the average American the best case scenario is a return to what it was like before tariffs. However, now that China has signed contracts for goods with other countries, I am not convinced things like the US soy bean industry will ever recover.

The destruction of the livelihoods of conservative rural voters who will never vote for Trump again is indeed going to look good in 2020.
 
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Tanj

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Tiberius Lee

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Yep, Trump has them jumping and in the right direction.

All of this is going to look good in 2020.

M-Bob

The entire trad war was about bringing jobs from China to USA, instated they are going to other country. Sure, China is hurting economically but how does that help USA?

Trade war with China was bring job back to USA, but now as long as jobs are move out of China and go somewhere else , we are winning! Bravo .. alternative reality is so good!

Only problem is IA, WI farmers are the one hurting. I don’t think they will feel any better in Nov 2020. Without IA, WI you can say goodbye to 2020
 
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to Vietnam, apparently. Interesting.

The US isn't the only nation that has to deal with outsourcing.

And not just foreign companies. Chinese manufacturers, as well as those from the U.S., Japan and Taiwan, are part of the drain, including makers of personal computers, smartphones and other electronics.


I wouldn't fret over those Chinese companies -- I'm sure the CEOs won't be terribly inconvenienced.​
 
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