Rugoz wrote:I suppose you have actual numbers that show that, or is it just a bunch of anecdotes?
I don't have time to do your homework (it's your problem if you don't want to believe it), but many articles in the business new sites have talk about how companies are shifting manufacturing away from China. Again, it's not this massive thing that's going to ruin China or anything, but it's clear that the trade war has nudged companies to not be so reliant on China.
The most recent article I recall reading was how the Toy company Mattel has announced they've managed to shift 50% of their manufacturing away from China, and hav plans to be 100% out of China manufacturing in like the next 10 years. Another is Google accelerating their chip deisgn operations in India. India is starting to open up fabs for chips, etc.etc.
I doubt most companies would completely shift out of China. My point is, more and more companies are asking themselves about the risks of being to reliant on China. Some will accept the risk, others will try to mitigate it. This has been clear in the business news cycles.
There is a shift happening, it's not massive, but companies have been nudged away from China. It makes sense, it's a risk to do business with a country that has a tight control over business.
Edit: All it takes for you business to be screwed by China is for the the government to say "don't buy product X" and it happens. See NBA, see Apple. You think a European or American Government has the same amount of influence on people's buying habits? I'd imagine the same is true for India or Vietnam. the heavy government influence on businesses like that is what makes doing business in China a risk. Why invest in business in China, when they can tank it on a whim?
Again, the point is, more companies are now aware that they really have to thing about that kind of stuff when their risk calculations. Business news articles and company quarterly reports have made this clear.
I can think of 11780 reasons Trump shouldn't be president ever again.