Re:Japan to fund firms to shift production out of China
by ardy42 on Thursday April 09, 2020 @03:23PM
(#22826207)
>> To be honest, I don't understand what efficiency gains this kind of globalization was supposed to bring anyways... A factory in China is just as efficient as a factory in Spain or USA.
> A factory in China is just as efficient as a factory in Spain. But if China has most of the factories, and supporting industries, and supporting education, etc. it suddenly becomes more efficient.
But I'd argue that shouldn't be considered "globalization": there's nothing "global" about concentrating things in one country. It's just outsourcing.
> A factory in China is just as efficient as a factory in Spain. But if China has most of the factories, and supporting industries, and supporting education, etc. it suddenly becomes more efficient.
But I'd argue that shouldn't be considered "globalization": there's nothing "global" about concentrating things in one country. It's just outsourcing.