Mark one up next to hollowing-out.

Jul 15, 2010 04:42

Five reasons why China will rule tech:
In 2008, Sony Corp. closed what was identified as the last television manufacturing plant in the U.S., in Westmoreland, Pa. It shifted work to an assembly plant in Mexico, but the vast majority of TVs' electronics components are made in Asia. (Dell sources $25 billion annually alone in components from China, ( Read more... )

economics, technology, china, america

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missus_emm July 15 2010, 12:16:34 UTC
That is really interesting. I never thought about that but it does make sense. That kind of technology often has a bottom up effect and China are going to own it all.

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the_grynne July 15 2010, 13:30:40 UTC
It's just another aspect of the whole US foreign debt/trade with China debate. I've been seeing more and more of it in the press lately.

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rodlox July 15 2010, 18:55:01 UTC
oh, I think that even if China was the isolationist giant that the US always wished America could be, the US would still be moving jobs to Mexico.

>China's goal is not to just build TV sets and computer components. It has established what it calls an indigenous innovation policy, meaning it wants Chinese-origin technology that is owned by Chinese companies.
that sounds reasonable.
...and very much like what American politicians would give their eyeteeth for.

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the_grynne July 15 2010, 22:40:46 UTC
oh, I think that even if China was the isolationist giant that the US always wished America could be, the US would still be moving jobs to Mexico.

A good point! And one I also made in my essay. :) However, Mexico's workforce (or that of the entire South America) is nothing compared to the size of China's.

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