True. But it would send the wrong message to other foreign companies, and accelerate their diversification from the Chinese supply chain. That would be devastating to the Chinese economy. Plus Apple and Foxconn brings tons of employment to China.
American Economics Thread
- Thread starter Bernard
- Start date
Equation
Lieutenant General
Nah those Chinese employees can always work for other Chinese high tech companies such as Huawei and others. It's the Apple and Foxonn investors portfolios gonna be hurt fast and steep.
manqiangrexue
Brigadier
Many American companies are currently banned in China. There's no indication that banning Apple is crossing the line, especially after the whole world witnessing America's attack on Huawei/TikTok, etc... which obviously caused this Chinese retaliation.
Define tons. How does that compare to China's total working population? A minuscule percentage can always be absorbed. Also, employment is ok, but meaningful employment is what we're really looking for. Standing on an assembly line making a pittance is the type of employment that is far more beneficial to the employer than the employee.
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Apple and Foxconn bring low value assembly to China. It can be moved to another country eventually, so it isn't that valuable. Much of that is moving to India anyway. Apple's higher value product is actually its iOS operating system and App ecosystem, and its ARM chip architecture. Depriving Apple of revenue & market share for developing these would be beneficial. China shouldn't let itself be held hostage by low value Foxconn assembly.
The sun revolves around the earth. There you go, that's my assertion. And I said it without any proof required. Does it make it so?
Please enlighten us with how China can't grow without foreign investment? Just by saying it doesn't make it so.
Unlike with your interlocutor's senseless assertions, it at least looks like the sun revolves around the Earth.
A ban on Apple factories right now, just to hit them when India is not ready to replace China's manufacturing capacity yet.
Guys let’s not let emotions cloud judgement and look at this from an objective point of view. Apple in China adds more than just assembly. It has developed extensive network of small suppliers and supported upgrade to China’s electronic industry. Apple’s upgrade of China’s supply chain is not just assembly employment but also development of these supply chain suppliers which allowed chinese companies to build their own phones.
I don’t feel apple should be banned in China at all. Realistically speaking China is much weaker than the US in various areas. It cannot go head to head with the US and hit back at the US with the same strategies that the US uses. That’s what the US wants. China must be more subtle and strategic in her response. That why China is not fighting fire with fire. It hurts China strategically. China is biding her time and only hit back in ways that will not hurt herself.
China still need foreign investment and foreign know how. The best way to hit back at the US is for the US to see how companies are still investing and setting up shop in China even with all the anti China activities. Foreign companies and US companies are still investing in China. That’s the key. The US would love to China to start banning western companies and close up just like in the past. China just needs to make sure she is fostering chinese companies to compete domestically while continuing o invite foreign investment. My 2 cents
Correct, for example the Lockheed Martin one was a much more narrowly tailored ban. Apple is not a direct national security threat to China, unlike LM that makes weapons being sold to Taiwan making it a direct threat to China physical security.