Re:Shenzhen is Like Living in a City-Sized TechShop
by vidarh on Friday May 03, 2013 @05:04AM
(#5649438)
I absolutely agree with you that spreading the production is a good thing. But that's not really what's happening with Shenzhen.
It's the centralisation in Shenzhen that, while awesome in one way, is the most troubling to me. If "something", be it politics or natural disaster, or crazy madman, happens to the wrong part of Shenzhen, the global impact would be dramatic.
Remember a bit over a decade ago, when earthquakes on Taiwan sent RAM prices soaring? Or when flooding in South Asia sent harddisk prices through the roof not that long ago?
The centralisation in Shenzhen is rapidly becoming a far higher risk to the global economy than either of those two.
It's the centralisation in Shenzhen that, while awesome in one way, is the most troubling to me. If "something", be it politics or natural disaster, or crazy madman, happens to the wrong part of Shenzhen, the global impact would be dramatic.
Remember a bit over a decade ago, when earthquakes on Taiwan sent RAM prices soaring? Or when flooding in South Asia sent harddisk prices through the roof not that long ago?
The centralisation in Shenzhen is rapidly becoming a far higher risk to the global economy than either of those two.