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[return to "China's manufacturers are going broke"]
1. lenerd+O7[view] [source] 2024-08-17 15:34:38
>>campus+(OP)
Well, if they want to learn from the US, they should ship their manufacturing capacity and intellectual property off to their geopolitical rival for short-term monetary gain.
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2. derefr+o9[view] [source] 2024-08-17 15:47:18
>>lenerd+O7
China was actually trying to heavily establish offshoring in the Philippines—but that has seemingly dried up with the increasing South China Sea tensions.
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3. fspeec+KX[view] [source] 2024-08-17 22:20:34
>>derefr+o9
I've never sensed any real desire for China to offshore to the Philippines, given its military alliance with the US. Maybe they dangle the prospect from time to time to try to pry the Philippines away. They have much friendlier targets in Southeast Asia, with Thailand and Malaysia at the top of the list.
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4. aragon+Sl1[view] [source] 2024-08-18 03:39:12
>>fspeec+KX
Not only that, but the Philippines has a tiny manufacturing sector compared to other major SEA economies. [1][2] I wonder if grandparent was thinking of a different country.

[1]

> In 2021, the economic mix of the Philippine economy was approximately 61% services, 17.6% manufacturing, and 10.1% agriculture. (https://www.trade.gov/country-commercial-guides/philippines-...)

[2] https://en.m.wikipedia.org/wiki/Call_center_industry_in_the_...

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