Menu

  • New Data Shows U.S. Companies Are Definitely Leaving China

    From forbes.com

    U.S. companies are leaving China thanks to the trade war. They’ll leave even more thanks to the pandemic. Sorry, Davos Man. Your China-led globalization is going out of style like bell bottoms. Global manufacturing consulting firm Kearney released its seventh annual Reshoring Index on Tuesday, showing what it called a “dramatic reversal” of a five-year trend as domestic U.S. manufacturing in 2019 commanded a significantly greater share versus 14 Asian exporters tracked in the study. Manufacturing imports from China were the hardest hit. Last year saw companies actively rethinking their supply chain, either ... (full story)

Without a doubt.
The question is where are they going?

Warning: A Dangerous Subversive: 1% of comments CoCed
Apple and Tesla recently opened new factories in China, the Chinese are only interested in everything related to the third Industrial Revolution (the internet of things/new energy).

The fossil Rustbelt is now going to manufacture tupperware, clothespins and fluffy toys, basically the early 20th century stuff. And Trump will be praised for it.
they need to relocate in some countries where childrens are allowed to work , so we can stay blind , people in US and Europe wants to buy cheap shit because their jobs are gone...
Quoting barkie
Apple and Tesla recently opened new factories in China, the Chinese are only interested in everything related to the third Industrial Revolution (the internet of things/new energy). The fossil Rustbelt is now going to manufacture tupperware, clothespins and fluffy toys, basically the early 20th century stuff. And Trump will be praised for it.
You never fail to entertain, barkie. Great post!
Gone to a better place
Complete bollocks, of course...
Gone to a better place
Quoting RossEdwards
Without a doubt. The question is where are they going?
Elementary - follow the money...

Biggest cost of a business - workers

Factors determing where to manufacture: energy costs, transportation costs and tariff's.
...because you never know - until you do!
Quoting Faucon
they need to relocate in some countries where childrens are allowed to work , so we can stay blind , people in US and Europe wants to buy cheap shit because their jobs are gone...
What are you talking about? The mean corporations specifically look for blind workers because those people cant see their paychecks and practically work for free, just like the little kids - you've got to get them working in the factories BEFORE they go to school. Lets face it what we really want is to find prison labor right? [for those who are confused - sarcasm; this is actually how many liberals (Bark**) think. sad...
...because you never know - until you do!
so... any lawsuits and compensations going against companies that offshored medications, masks, etc ? It is really their fault US is in such dire state and so many deaths.
Quoting RossEdwards
Without a doubt. The question is where are they going?
if you bothered reading the article...
The chinese sure make sorry low quality garbage. Nobody will miss chinese goods at all.
Quoting Maxthetrader
The chinese sure make sorry low quality garbage. Nobody will miss chinese goods at all.
Definitely cheaply made! And what's worse is when stores sell this cheap stuff at a premium.

Things need to change! Jobs need to come back to America. The US is too dependent on stuff made in China. American businesses that continue to support this system should be boycotted. They are taking away jobs from the American people. It's wrong!
Learn from your mistakes and march on.
US has to start making moves Uncle Sam does seem to be on the ropes.
The elites think we are stupid. They are in the main quite correct.
Major shake up for the Western countries as nobody was ready for lock downs.So the legions of bumbling bureaucrats in the government departments all get paid with borrowed money.Not good for the peasants who may get zero or a small amount of welfare.You can see working for the welfare will be the new job.Time limits on support and skills training to get people working.
  • New Comment
  •  Guest
  • | IP XX.XX.14.81
Join FF
  • Story Stats
  • Posted: Apr 8, 2020 5:24am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 14  /  Views: 6,942