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The good news is all macro trends portend to factories leaving faster out of China. And less trade with China.

- Unfavorable Views of China Reach Historic Highs in Many Countries in 2020 https://www.pewresearch.org/global/2020/10/06/unfavorable-vi.... Consciously or subconsciously, consumers will favor goods made not in China

- US President-elect Joe Biden affirms his anti-China position. On Monday, he slammed China once again for “abuses” on trade, technology and human rights and said America can best pursue its goals relative to Beijing, when it is “flanked” by like-minded partners and allies. https://www.hindustantimes.com/world-news/biden-slams-chines.... This should help confirm multinational COO's decisions to leave China faster.

- China keeps attacking other countries, and further isolating itself. From stopping coal trade with Australia, and causing blackouts for its own cities https://www.nytimes.com/2020/12/16/world/australia/china-coa..., to engaging in border war with india, to antagonizing US, Canada and UK.

- Chinese suppliers engaging in more and more thievery and sabotage against its own global partners, as reported at chinalawblog. Western companies are reporting Chinese suppliers are brazenly not delivering on goods paid for.



This trend is not what you think it is. The factories are moving to other countries, but still owned by Chinese firms and still using the same, if not more brutal tactics.

They are just moving the chips around the board.


Multinational factories are owned by multinationals. Yes, some factories are owned by Chinese firms, but even that's misleading. Alot of the "Chinese" firms have Hong Kong owners, who usually operates more ethically, and hates China, than "CCP state" firms that engages in modern day slavery.


Okay, but it was the Indian iPhone slave workers actually rioting.




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