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A comment on Japan to fund firms to shift production out of China. Parent comment

Re:Japan to fund firms to shift production out of China by pinkfoot on Thursday April 09, 2020 @01:31PM (#22825021)
Nonsense.

Here [1] is a fine article of an all-American company in Texas that is too nervous to get back into the business of making masks since they lost a ton of money and had to lay off over 100 staff when demand vanished after the last SARS panic.

They still have the equipment and know-how. They just don't trust the market.

Not a single Chinese government official involved in this sad saga.

[1] https://www.washingtonpost.com/business/2020/02/15/coronavir...

[ Parent | on HN ]
Re:Japan to fund firms to shift production out of China by viklove on Thursday April 09, 2020 @02:23PM (#22825610)
Just like with oil, any industry can be gamed if a single player accumulates a massive stockpile of a commodity, then floods the market to drive prices down and make production unprofitable for competitors.
[ Parent | on HN ]