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Japan to fund firms to shift production out of China

bloomberg.com

241–250 of 464 posts

Re: Japan to fund firms to shift production out of China

#241

Earlier quoted context omitted.

Want to give which geographical region you're from so I can put it down as an anecdotal datapoint?

Lived in China. Also lots of African friends who don’t appreciate how the Chinese do business in their country.

How do they do business?

Are those Chinese representing private companies, or state companies?

Re: Japan to fund firms to shift production out of China

#242

Earlier quoted context omitted.

> People emigrate from places with problems, then insist the place they immigrated to should be like the place they emigrated from. the majority of the time, the problems you speak of were caused by the big western powers in the first place

I think that comment was about Californians moving to other states.

Well that's kinda rich. California does a remarkably good job of integrating people from distant lands. Only thing that grates is people from other states coming here and demanding the government be as shitty and regressive as the one they left behind. Frankly that's something foreign immigrants typically don't do.

Re: Japan to fund firms to shift production out of China

#243

Earlier quoted context omitted.

Nations exist to protect it's citizens. So yeah, as they should, each country is prioritizing their own needs before exporting any surplus to other countries. The challenge is no one really has any idea how much of the supplies they actually need. It's interesting to me that you find this surprising or view it as bad behavior.

> It's interesting to me that you find this surprising or view it as bad behavior. It's not surprising in the sense that it fits the definition of a "nation state". It's surprising because one would think that in XXI century, people understood that global problems require global coordination; competition of selfish actors fails spectacularly in such cases.

Why then have nations?

Re: Japan to fund firms to shift production out of China

#244

Earlier quoted context omitted.

Let op! Niet elk mondmasker geeft voldoende bescherming tegen corona! -- Explains the different Chinese standards -- https://www.linkedin.com/pulse/let-op-niet-elk-mondmasker-ge... Trouw -- "Als gevolg van de tekorten zijn de criteria voor het gebruik van de mondmaskers verlaagd" (because of the shortages, they lowered the standards for masks, making it easier to purchase the wrong thing) -- https://www.trouw.nl/poli…

So you have no source for the claim that 'The Dutch made an ordering mistake'. I won't read LinkedIn btw, that is not a source.

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Re: Japan to fund firms to shift production out of China

#245
post #171
post #157

Earlier quoted context omitted.

No one has to listen to the CCP. The CCP acts offended by everything.

The problem is, the WHO does, they even said this thing wasn't transmitted person to person. And they're supposed to be the authority everyone was saying to listen to.

The WHO technically said they were looking into it and that they had not confirmed it spread human to human. That’s totally different from “we have looked into it and can confirm it does not spread human to human.”

Re: Japan to fund firms to shift production out of China

#246
post #229

Earlier quoted context omitted.

I think that the WHO communication was proportionate to the current knowledge at the time of each of their interventions. First of all they said, when it was clear there was a problem "We have a simple message for all countries: test, test, test." (and then Trump and almost everybody else did not want to hear that) And moreover they said more exactly, some time before the previous item, that "Preliminary investigatio…

No. The WHO constantly downplayed this pandemic and kowtowed to China to the point of disgracefully delaying calling it a pandemic and then playing catch-up when individual countries started ignoring the WHO and implemented their own measures. Then the WHO switched gears and complained that the countries were doing too little too late. They've been almost completely worthless in this crisis.

The WHO constantly downplayed this pandemic and kowtowed to China

See also: The whole WHO/Taiwan debacle, which is still ongoing.

The WHO is OK risking the lives of people in Taiwan in order to keep the mainland happy. You would think that the WHO would put the health of people, regardless of where they live, ahead of politics.

Re: Japan to fund firms to shift production out of China

#247
post #83

The USA really needs to stop rewarding the quarterly profit driven stock market approach to management. It's the same thing that caused Boeing to build bad airplanes and the same thing that causes companies to build insecure software. We need to get back to engineers and architects (who actually know what they are doing) making decisions and building solid solutions and products. Companies can be reasonably profitabl…

We must start asking: is this good for the bottom line and the country. Fiduciaries, including business executives are currently required to do everything within the law to maximize profits for shareholder - even if that means doing things that are bad for the country in the long term. The current "race to the bottom" approach seems like a great way to run a country into the ground - which is now on spectacular display as we see the impacts of relying on an authoritarian, communist regime for PPE and many other essentials.

Re: Japan to fund firms to shift production out of China

#248
post #191

Earlier quoted context omitted.

I think doing globalism right would require everyone to mandate some amount of redundancies be left in the supply chains. Some amount of fat left uncut. All in order to derisk the economy in case a random piece of it gets shut down by force majeure. I mean, imagine if all of AWS was just a single data centre labeled us-west-1. Imagine something happened to it. This is comparable to how Wuhan shutting down impacted th…

Since you mention web comparisons, imagine your lead dev announces that to improve redundancy, the project shall use both React and Angular for the same application. "This way, if one of the dependencies shuts down, we'll already be partly using the other dependency! What could possibly go wrong?"

This makes no sense, because the only reason React would suddenly fail on you is if your project is so very badly engineered that you don't pin dependencies and cache them locally. And even then, your deployed instances would remain unaffected.

A dependency is something you own (a checked-out copy of). A better comparison is with services. So you may be using a payment gateway in your product, and maybe you need just a single one - but at the very minimum, you should have a plan in place to switch to a different one at a moment's notice. That's reasonable redundancy.

I think I've come up with an analogy for demand-side supply chain issues though. Imagine you have a web service that's constantly under 90% load during normal operations, and that eats almost exactly as much money in the infrastructure costs as it earns. Imagine that service gets mentioned on Hacker News. It almost immediately fails due to increased demand, you can't provision new instances because you don't have enough money in the bank, and then when suddenly the demand drops, you can't afford to keep it on at all.

Only a series of very bad decision would cause the above scenario to happen, and yet it's almost exactly like how supply chains operate in physical space.

Re: Japan to fund firms to shift production out of China

#249

Earlier quoted context omitted.

booting off Uber? Have you ever used Uber and its local competitor Didi in China? I've used both multiple times. The competition was just too much, both companies were losing money at a pace that's not sustainable. The Uber China business was acquired, and in return Uber received cash and stakes in Didi.

Oh come on, there is no denying that China subsidizes local businesses asymmetrically. I've lived in China and have used Didi.

I don’t think you can claim definitively that that is why Uber lost. Uber lost in other markets too, like in Southeast Asia.

I don’t think anyone can win this argument with you since you can always claim that the Chinese government favors local companies, so therefore ____ lost.

But at least I can give some counterpoints: Tesla hasn’t lost in China.

Re: Japan to fund firms to shift production out of China

#250
post #194

Earlier quoted context omitted.

> Wether it cleanly fits into your political ideology or not, The United States is the most powerful country in the world It's not a matter of my ideology. I recognize that the US was the most powerful country in the world before the pandemic, but looking at the news about the US response, I have a feeling it will no longer be once the coronavirus is finally dealt with. Then again, maybe I'm just biased by the dispro…

What are you seeing the suggests that the US is anything other than almost comically more powerful than any other country in the world?

In terms of military might, yes. In terms of economy? We'll see when the pandemic passes. The thing I see is US being too slow to react to COVID-19 threat and its economy being probably one of the most fragile (because of being most market-optimized).
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