this post was submitted on 20 Dec 2024
587 points (92.8% liked)

Comic Strips

12953 readers
4994 users here now

Comic Strips is a community for those who love comic stories.

The rules are simple:

Web of links

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] Donkter 7 points 1 day ago (2 children)

And China's been eyeing up moving out of the manufacturing game, which will be a wrench in our plans.

[–] [email protected] 4 points 1 day ago

Over way around, we’re eyeing up leaving China and production slowly is.

China cannot afford to not have a manufacturing industry. It would be political suicide for the party to move towards agrarian or a service economy.

[–] [email protected] 1 points 1 day ago (1 children)

...what. They're everyone's largest trading partner, why would they do that?

[–] Donkter 2 points 17 hours ago

Well, it's kind of a choice kind of material conditions. China's become prosperous and educated. Their citizens are starting to demand imports and better jobs. It's not going to give up the manufacturing game for many decades but it's definitely ramping down whether it wants to or not. It's not really a problem for western consumption, there are plenty of struggling countries with cheap/free labor to exploit around the world.