Quote:
Originally Posted by KiraYamatoFan
Those are now in India, Vietnam, Indonesia, Thailand, and other neighboring countries. In any case, production of goods has been moving out of China for a number of recent years now, and those other countries are gladly asking for more.
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In recent years, you said that very well.
To remove entire foreign industrial production from China will take years if not decades. And China has already begun investing a LOT in Europe,Africa and USA, buying industries there and producing or selling their good for incredibly low prices.
Plus, countries like Vietnam, Indonesia, Thailand and Philippines where most of industry is relocating are not developed enough to meet the standards of the goods produced in China. So the investors first must build and then invest in that country setting their standards higher to get same quality they are getting from China. A very expensive and a very time consuming thing. Even India is held back a a little because of that.
So I am not afraid at all as far as China goes, they are secured their current position for at least next 30 or 40 years. If something major does not happen that is.
And time is on their side seeing how UN, USA and Europe global powers are getting weaker and weaker each year while states like Brasil and South Africa grow in power each year.