Re:China quietly sets new 'buy Chinese' targets for state co...
by asdff on Tuesday August 03, 2021 @01:43PM
(#28051975)
> I've never understood what business and governments in the west thought was going to happen by investing so heavily in China. Did they really think China would just bend over backwards and take it like every other poor third world country they did this to?
To be fair a given business in the U.S. that produces something isn't going to care about geopolitics. They made things in the U.S. by underpaying immigrant laborers, then when they noticed wages were cheaper in mexico they moved manufacturing there, then did the same when China became even cheaper and higher quality than Mexico. All these business leaders care about is quarterly profits and getting bonuses to personally enrich themselves as fast as possible. They could care less about what happens in the world around them if they can afford to drink their cares away in utopian Napa.
To be fair a given business in the U.S. that produces something isn't going to care about geopolitics. They made things in the U.S. by underpaying immigrant laborers, then when they noticed wages were cheaper in mexico they moved manufacturing there, then did the same when China became even cheaper and higher quality than Mexico. All these business leaders care about is quarterly profits and getting bonuses to personally enrich themselves as fast as possible. They could care less about what happens in the world around them if they can afford to drink their cares away in utopian Napa.