Chinese Economics Thread

Hendrik_2000

Lieutenant General

Foxconn set to make iPhone 12 in India, shifting from China​

An estimated 7% to 10% of Chinese production will be relocated to India, which competes with such destinations as Vietnam for job-creating investment from manufacturers spreading their capacity beyond China.

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Good riddance they can take the screw and assembly job to India. Not surprising since most that kind of job has trouble attracting worker as Chinese economy now allow worker to be choosy
 

steel21

Junior Member
Registered Member
Good riddance they can take the screw and assembly job to India. Not surprising since most that kind of job has trouble attracting worker as Chinese economy now allow worker to be choosy
Let see how long that lasts until it gets burned?

I don't have a crystal ball, but I'm guessing Foxconn is unlikely to summon those overtime orders as they did with China.

Apple had better hope they have all their design kinks worked out, there will be no 11th hour corrections at their India plant.
 
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localizer

Colonel
Registered Member
Good riddance they can take the screw and assembly job to India. Not surprising since most that kind of job has trouble attracting worker as Chinese economy now allow worker to be choosy
Let see how long that lasts until it gets burned?

I don't have a crystal ball, but I'm guessing Foxconn is unlikely to summon those overtime orders as they did with China.

Apple had better hope they have all their design kinks worked out, there will be no 11th hour corrections.

They accuse China of being behind the burning and vandalizing.
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D

Deleted member 15887

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Foxconn set to make iPhone 12 in India, shifting from China​

An estimated 7% to 10% of Chinese production will be relocated to India, which competes with such destinations as Vietnam for job-creating investment from manufacturers spreading their capacity beyond China.

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Rumor came from a report by Business Standard:
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Now the problem with Indian media is that they often like report unconfirmed rumors which turn out to be untrue, especially India’s "Business Standard". For example, in 2015, the
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that Foxconn would build 12 assembly plants and add more than 1 million workers in India by 2020. Now 6 years later, if you look back, would you believe it?

Anyhow, on the low chance it does turn out to be true, it's only to serve the local Indian market than for export; Indian-manufactured goods almost are never able to compete with Chinese manufactured export goods
 
D

Deleted member 15887

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Good riddance they can take the screw and assembly job to India. Not surprising since most that kind of job has trouble attracting worker as Chinese economy now allow worker to be choosy
Disagree, assembly manufacturing factories serve an underappreciated but important role
 

horse

Colonel
Registered Member
George Magnus a China sceptic and believer in western exceptionalism for year have been predicting China will fail. He wrote a book, article to that effect ,yet years after years China grew and grew and become larger every time those sceptic wrote another book disparaging chinese experiment
What these people, Gordon Chang and the rest, what they predicted for China, finally happened.

However, it happened in the west!

That is why they cannot let it go, haha!

Best thing to do, is taunt them. Look at the GDP growth number then repeat that all the time.

Who could ever think a dull boring economic number could cause such hysterics, lol.

:p
 

horse

Colonel
Registered Member
What role is that ? other than paying slave labor wage for dreary job
My impression of China, when I went there, before all the people moved off the land into these factories, was that at that time, China was a land of subsistence farmers.

Life was hard.

Jobs in those factories were far better than what everyone had to deal with on the farm.
 
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