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Re:Japan to fund firms to shift production out of China by chosenbreed37 on Thursday April 09, 2020 @12:04PM (#22823845)
> The only real advantage I can see is concentration of skill - e.g. people say that you basically have to develop electronics in Shenzhen, there's simply not enough talent in the US and EU - but I wonder if the efficiency gains are offset by innovation losses. Again, IMO it would be better to have a local high-skilled population of engineers & entrepreneurs.

There are probably advantages for many large corporations. e.g. Nike, Apple. Design in the US, manufacture in China (or equivalent), reap profits in the US

What perhaps we should be thinking about is the second order effects of unfettered globalization. In the good times we only see the advantages. Ultimately, it looks like it is better to have some redundancy (in certain areas/sectors at least) to be able to deal with situations like these

Re:Japan to fund firms to shift production out of China by jbay on Thursday April 09, 2020 @02:26PM (#22825642)
Why do the design in the US? Chinese engineers are doing great designs themselves, and for less than American salaries... And they can visit right there on the factory floor, talking to the manufacturers directly about how to make their designs, in the same time zone and the same language...

Are US engineers imagining the same ideas about being irreplaceable that an earlier generation of American machinists, tool-and-die experts, and manufacturing workers also did?