Re:The end of India’s ‘IT miracle’?
by baybal2 on Thursday June 07, 2018 @07:50AM
(#17254962)
As somebody whose career was linked to well being of the Chinese manufacturing sector I can say that manufacturing was on decline for quite a long time, with first symptoms appearing right at around 2009-2011.
The way the new mayor of Shenzhen ordered to bulldoze all factories in city center at around 2009-2010 shows how much esteem Chinese government has for entrepreneurship.
Can anybody imagine a governor of California ordering to bulldoze all silicon valley corporate campuses on a whim just because he wanted to have few hundreds more empty luxury shopping malls and 5 star hotels with blackjack and hookers?
Re:The end of India’s ‘IT miracle’?
by dx034 on Thursday June 07, 2018 @08:23AM
(#17255126)
Replacing SV corporate headquarters by skyscrapers would probably help lowering real estate prices a bit. And if Google had to rebuild their HQ it probably wouldn't even change quarterly income by a lot.
The way the new mayor of Shenzhen ordered to bulldoze all factories in city center at around 2009-2010 shows how much esteem Chinese government has for entrepreneurship.
Can anybody imagine a governor of California ordering to bulldoze all silicon valley corporate campuses on a whim just because he wanted to have few hundreds more empty luxury shopping malls and 5 star hotels with blackjack and hookers?