Conversation

Interesting. Much more theoretical solidarity with HK than I expected. Though I think most people don't have good calibration on just how much the economy runs on low-cost Chinese goods. One estimate I saw years ago said bics would cost $5 rather than $0.10 if made in the US...
Quote Tweet
Poll: What would you most like to have?
Show this poll
3
7
Replying to
but wouldn’t a more likely scenario be the US turning to other cheap countries for manufacturing
1
1
Replying to and
It already is. China is becoming more and more expensive to use since rising wages. Places like Bangladesh, Vietnam, and Africa picking up former Chinese business. Also, China might have to worry about falling into the middle income trap.
2
1