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China has reached the end of its economic boom. What comes next should worry every American business — and the rest of the world.

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[-] nova_ad_vitum@lemmy.ca 3 points 1 year ago

To be clear, you can at great cost overcome those issues too and maintain a good level of supply chain integrity, however it costs so much doing so only makes sense when manufacturing on a huge scale - tens of millions at least with each item being very valuable. Ie...iPhones.

The vast majority of stuff that people want made in China isn't nearly that profitable.

this post was submitted on 16 Oct 2023
54 points (66.1% liked)

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