461–470 of 598 posts
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Step by step. Hard lesson learned from dependency on Russia's oil and gas will hopefully open people's eyes - you can't depend on the hostile regime, even if it occasionally pretends to be a nice guy.
So how is China hostile?
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Designing their own chips in-house wasn't "their expertise" either, a few years ago. You won't expand into other areas unless you at least make it a priority and try.
Getting into semiconductors is probably substantially more complicated. Only a handful of companies are able to do it well and they have bene at it for decades.
Considering that their entire product line collapses without semiconductors, it wouldn’t be a poor investment.
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They've already pulled this on Samsung but it has nowhere to go. Where else can it find tens of millions of young workers?
SE Asia has plenty.
Better to have two not one communist state I guess.
Always found that very ironical.
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Step by step. Hard lesson learned from dependency on Russia's oil and gas will hopefully open people's eyes - you can't depend on the hostile regime, even if it occasionally pretends to be a nice guy.
So how is China hostile?
Rather than take my word for it, though, I encourage you to do some research on your own - preferably not entirely through Internet sources. In particular, the current issue of the World Affairs journal (volume 185, issue 3) has several relevant articles.
How is no one mentioning that China is threatening Taiwan. If the US ends up in a war with China, suddenly most Apple products would have serious operations problems if not being shut off completely. Cheap labor isn't a bad reason, but this is also a hedge against the heating politics between the West and both Russia and China.
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All the recent chinese military exercises and direct threats from chinese news outlets and military leaders are not .. threatening ?
Good for Vietnam. I visited the country in 2016 and fell in love with it, going back two more times. I’ve never seen a more hardworking, yet friendly people. They deserve all the success in the world.
was cool and reminded me of the guys who fixed my scooter in Vietnam for about 30p a time.
At some point we should outsource our armies and perhaps even governments. If a real war starts we can use the services industry, unless we outsource that too. We’ll send the lawyers and software engineers in, and power our cardboard tanks with wood and steam. I was hoping the pandemic and the war in europe would teach us that electronics, particularly high end, should be relocated to allied countries at the very lea…
International trade dependency is one of the biggest deterrents to war and often helps countries become allies.
China has been India’s largest trading partner for many years. Yet when there was a recent border dispute, everyone was willing to forego all economic ties in favor of a conflict.
I don't really see what the problem is with offshoring. If other people elsewhere want to work for cheaper, then it's fair competition. It's not like protectionism would work long term anyways. And in this particular case, Vietnam is more aligned with the US than China, geopolitically, so this makes a lot of sense.
2 words: national security. as the world's police and adult, we have to be self sufficient in food, tech, defense, resources, etc
Led by an octogenarian who replaced a septuagenarian man-child.