Re:China’s Economy Slows Sharply
by gscott on Friday December 14, 2018 @05:39PM
(#18685545)
This time I wonder if some businesses are moving out of China due to the instability of the relationship with the US and China, not to mention the future instabilities to come.
[ Parent
| on HN ]
Re:China’s Economy Slows Sharply
by seanmcdirmid on Friday December 14, 2018 @05:45PM
(#18685591)
I don’t think so, not yet anyways. Trump is probably a one term president, and most companies are thinking longer term. 1989-90 was much much worse.
Re:China’s Economy Slows Sharply
by reaperducer on Friday December 14, 2018 @05:52PM
(#18685637)
I don’t think so
Think again.
GoPro moving some production out of China to avoid US tariffs: https://www.cnn.com/2018/12/10/tech/gopro-china-tariffs/inde...
Re:China’s Economy Slows Sharply
by seanmcdirmid on Friday December 14, 2018 @06:07PM
(#18685745)
So what? Does one data point make the case for a sustained long term trend?
Re:China’s Economy Slows Sharply
by reaperducer on Friday December 14, 2018 @06:22PM
(#18685846)
It's a single data point because I'm not going to do your research for you.
It's something that happened recently and was mentioned on HN, that's why I provided the courtesy of posting that for you.
Re:China’s Economy Slows Sharply
by seanmcdirmid on Friday December 14, 2018 @06:42PM
(#18685940)
Yes, nor am I going to do your research either. The fallacy of the data point is still a thing.
I can tell you that Caterpillar has planned to move almost all production out of China with the majority coming back to the US. They're even spinning up casting plants that have been shuttered for over a decade because of this.