Guest wrote:
> China has serious problems that will only get worse. Here are
> five:
> 25% of foreign companies have left China even before the tariffs.
> They are not the place to do business anymore. Pakistan and India
> are the go to countries at the moment for a number of reasons.
> China is no longer a cheap place to do business. Manufacturing
> can be done elsewhere much cheaper. You can move a manufacturing
> floor to another warehouse in another country and have it set up
> in 2 to 3 months.
> China is full of rampant corruption at every level of business.
> China is an environmental disaster. They have no water. They
> have contaminated most their groundwater with sewage and
> environmental toxins.
> Manufacturing is changing dramatically with automation, as our
> customer needs. China has a jobs problem. Just Adidas (the sports
> wear maker) pulling out of Asia cost 1 million jobs.
>
https://www.economist.com/business/2017 ... to-germany
> China is deep in debt, far worse then the USA or Europe (3 times
> worse), and it's debt is fused into it's finance and industry and
> hard to control and deal with. The USA and Europe's debt is
> governmental and far more easy to control and deal with.
> I own a company that manufactures livestock equipment. I know the
> business of manufacturing and know what it takes to survive.
> China is not the future; morally, economically, or in
> anyway.