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submitted 1 year ago by Fissionami@lemmy.ml to c/worldnews@lemmy.ml
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[-] Num10ck@lemmy.world 5 points 1 year ago

the international corporations are leaving fast.

[-] RickyRigatoni@lemmy.ml 10 points 1 year ago

I hope so. Sending our industry to a foreign country that merely tolerates us will lead us nowhere but straight to hell.

[-] Blackout@kbin.social -2 points 1 year ago* (last edited 1 year ago)

not really, the pandemic boom is over so a lot of manufacturing contraction is happening right now. Product inventories are high and personal debt is also at a high. If the economy took a 180 and boomed again all those chinese factories would be at capacity with US orders. Still no replacement for China yet. Vietnam and India are not there.

[-] freagle@lemmygrad.ml -2 points 1 year ago

More companies are moving there. Some German car companies were reported on this week as having made the decision to leave Germany for China

this post was submitted on 11 Aug 2023
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