America itself made China competitive by moving all operations there, relying solely on cheap labor. Now, if it removes this pillar, we’ll see whether the cheap labor of not-very-free people can change anything. My position is no. They will lose to America, and they will fall behind much more significantly than one might imagine.
#USA #China #Economy
#USA #China #Economy
ru → en
Notes and References
1) Live Nail [https://youtu.be/-uW4skBkojY?t=2470]
Prediction params: expected, complex, confident
