Earlier quoted context omitted.
That's been my current dream trip for a little. I think it woukd be so cool to ride the trains around the country and see what it's really like there. Learning the language is hard though
I took a year of Mandarin as an undergrad, speaking is doable, reading and writing is hard, but Google Translate & Co. would make that less daunting now.
How much do you think it costs to make a pair of Nike shoes in Asia?
331–340 of 1001 posts
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#332Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#333Earlier quoted context omitted.
This sounds like official Chinese propaganda. This was truer at some point, but things have started turning bad for China with the advent of Xi Jinping. 20-25 years ago, the country was hopeful, developing fast, opening up. Foreigners started moving there, seeing it as a new land of opportunity. Much of that is gone. The economy is in bad shape, youth unemployment is massive, the country is a dictatorship, nobody wan…
> This sounds like official Chinese propaganda Go to any top-N American University, pick a random STEM faculty and count the number of Chinese (nationality) post-grads, post-docs and faculty. Alternatively, look at the trajectory of science publications coming out of Chinese universities vs the US. Underestimating China's brain-trust is doing oneself a disservice.
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#334Earlier quoted context omitted.
I think the point being made is that under Trump's plan (repatriate production) China is MORE likely to invade Taiwan than before. Under the current situation China is LESS likely to invade Taiwan BECAUSE they rely on selling stuff to the USA. Once that reliance is gone, there are less negative consequences for China if they choose to invade Taiwan.
>Under the current situation China is LESS likely to invade Taiwan BECAUSE they rely on selling stuff to the USA. I mean the took over Hong Kong already. I think that is wishful thinking.
Ahh somewhat willingly, the lease to the land expired. So seemingly no choice was given.
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#335Earlier quoted context omitted.
Their population is declining, and they are a long way away from parity with the west on a per-capita basis. I think China missed their opportunity. Also, the UK hasn't dominated finance for a century and has never been dominant in services, so it doesn't seem like an apt comparison.
'declining' on which level? China will surpass USA from a GDP Point of view in 2035. China surpassed Germany as industry machines export in 2018.
They have been projected to pass the USA in GDP for a long time now. We'll see if it happens. Their demographic trends are not favorable, but the US seems to be testing out how many self-sustained wounds its economy can survive.
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#336I worked in the retail; it is the shittiest job I ever had. I was given an abnormal schedule: two days closing, one day opening, one mid shift (and I should work either Saturday or Sunday). The churn is really high: people leave even if they find a better yet shitty job. Which jobs do you want to create in US? Retail jobs or manufacturing jobs?
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#337Earlier quoted context omitted.
i don't understand the obsession with jobs anyway people don't want a job, they want money and purpose most jobs barely deliver either
Human society has been optimizing for the wrong thing since 20,000BC. To that end, the future I want doesn't focus so much on money, but on needs. Letting a market dictate "needs" is clearly not working for the betterment of humanity a whole. While it helps with progress, I believe there is an upper limit when human behavior is brought into the equation.
That's because money lets people efficiently deploy resources where they feel it is needed.
What makes you say it's "clearly not working", other than comparing developed nations to a non-existent utopia?
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#338Americans need to get over their view of “Asia” as being about making shoes. When I was working in engineering in the early aughts, we mocked the Chinese as being able only to copy American technology. Today, China is competitive with or ahead of America in key technology areas, including nuclear power, AI, EVs, and batteries. We need to anticipate a future where China is equal to America on a per capita basis, but f…
Except that that future of a big powerful China doesn't exist. Their birth-rate is 1. Game-over.
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#339Sorta related: Those Crocs/clogs shoes have been extremely popular for a few years now. ... I've always wondered how much it costs to make that type of shoes (Crocs/clogs) - it can't cost more than $1 to make most of them; they're just injection-molded, right?
You can buy Croc knockoffs at the "Dollar Store" yet Crocs still exists. Why? Is it purely first-mover advantage/brand or is there an engineering edge?
You can get the genuine ones for $18 to $35 on ebay depending on the color, so while I'm sure you can save some on clones it's not worth it for the durability and comfort.
Re: How much do you think it costs to make a pair of Nike shoes in Asia?
#340my guess, less than $5