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| Thread ID: 148931 | 2020-04-01 06:06:00 | What does the virus mean for globalisation? | Billy (6701) | PC World Chat |
| Post ID | Timestamp | Content | User | ||
| 1467798 | 2020-04-05 02:04:00 | Future Shock: What will New Zealand look like a year after coronavirus? 0 " Experts are terrible at making predictions. The Canadian political scientist Philip Tetlock devoted years of study and wrote an entire book showing that experts, even when in the possession of excellent information and opining on their specialty subject, were often no better than the average person at foretelling the future. " |
piroska (17583) | ||
| 1467799 | 2020-04-05 02:59:00 | Trumpoleon LOL | zqwerty (97) | ||
| 1467800 | 2020-04-05 03:01:00 | 10285 | zqwerty (97) | ||
| 1467801 | 2020-04-05 05:30:00 | :lol: | KarameaDave (15222) | ||
| 1467802 | 2020-04-10 18:36:00 | It should mean that some manufacturing will go back to the west. Especially medical equipment and drugs. I see that Japan is offering up to $2 billion US dollars to their manufacturers to bring manufacturing home. And even some if the move to another asian country! |
Digby (677) | ||
| 1467803 | 2020-04-12 17:37:00 | Hopefully it means that business, many of whom have been purely reliant on China for sourcing materials and/or parts, will begin to realize the danger of not having a diverse supply chain and will start to focus on building one. South East Asia is open for business, as are many poor countries in Africa and South America. This comes at the risk of pissing off the CCP, which will certainly get your products banned and factories or assets in China seized by the state. But it's short term pain for long term gain. I read in the morning paper that wet markets in Wuhan have re-opened, and while domestic trading of wildlife has been put under much stricter control, the CCP is offering tax breaks for people who export certain wildlife products. (www.wsj.com) Caixin also had an article out that has now been removed by censors which detailed the virus reporting system (传染病预警系统) that was implemented after SARS suddenly becoming unavailable nationwide from Jan 10th - Jan 24th, and how one day before a hospital in Wuhan had submitted samples to it for two SARS patients with pneumonia. Not to mention that the data of those two were deleted. Doesn't seem like they've learned much. Definitely not a place where I would want to build essential parts of my business, no matter how cheap it is to do so. Globalization will go on once we recover, but hopefully people will be a little smarter and a little wiser after this experience. I think the bigger question is how the exodus of foreign manufacturers leaving China, combined with the pressure from the US and the rejection of more and more Chinese technology will affect their attitude on the global stage. At this point, with them trying to place the blame for the Wuhan virus on the US, than Italy, than the US again, your guess is as good as mine. |
baabits (15242) | ||
| 1467804 | 2020-04-12 17:42:00 | Overhead costs and end profit dictate where a product is manufactured. So many of you have your heads in the clouds. Sad. |
Zippity (58) | ||
| 1467805 | 2020-04-12 17:53:00 | Overhead costs and end profit dictate where a product is manufactured. So many of you have your heads in the clouds. Sad. Overhead costs and end profit did dictate where a product is manufactured. But risk should also play in to that. Trade war and tariffs (not a fan personally) had a huge impact, and my guess is it will be even worse after this. Months on end of not being able to get supplies have seen swarms of businesses manufacturing in China leaving; if it's government sponsored all the better. Data is here (www.kearney.com) |
baabits (15242) | ||
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