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Why it’s China’s turn to worry about manufacturing

“America has been extremely worried about the loss of manufacturing to China. Seduced by subsidies, cheap labor, lax regulations, and a rigged currency, American industry has made a beeline to China.

But the tide may soon turn.

New technologies will likely cause the same hollowing out of China’s manufacturing industry over the next two decades that the U.S experienced over the past twenty years. That’s right. America is destined to once again gain its supremacy in manufacturing, and it will soon be China’s turn to worry.”

Full Story: Venture Beat

Posted at 8:34pm and tagged with: competition, innovation, China, USA,.

Why it’s China’s turn to worry about manufacturing

“America has been extremely worried about the loss of manufacturing to China. Seduced by subsidies, cheap labor, lax regulations, and a rigged currency, American industry has made a beeline to China.
But the tide may soon turn.
New technologies will likely cause the same hollowing out of China’s manufacturing industry over the next two decades that the U.S experienced over the past twenty years. That’s right. America is destined to once again gain its supremacy in manufacturing, and it will soon be China’s turn to worry.”
Full Story: Venture Beat

Emergent Futures Tumblelog

Why it’s China’s turn to worry about manufacturing

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