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Comments by "Persona" (@ArawnOfAnnwn) on "China Must Be Careful With Vietnam" video.
It's not up to them. A sizable chunk of the foreign investment into Vietnam is FROM Chinese companies looking for lower cost manufacturing and to dodge trade restrictions, something this video missed. This is even true elsewhere, even upto Mexico.
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China did compete with other countries. There were Asian tigers before China, and they too grew via manufacturing. Even in major industries China won out. For instance Japan used to dominate the shipbuilding industry. Then Korea outcompeted it. And now China has taken over as the worlds' largest shipbuilder, with Japan falling further and further back.
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A sizable chunk of the foreign investment into Vietnam is FROM Chinese companies looking for lower cost manufacturing and to dodge trade restrictions, something this video missed. This is true elsewhere as well. For instance, they're one of the major investors into Mexican manufacturing as well.
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That's partly because a sizable chunk of the foreign investment into Vietnam is FROM Chinese companies looking for lower cost manufacturing and to dodge trade restrictions, something this video missed. India isn't as attractive for this investment.
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@scalemodeltutor9841 It's not US and EU companies that the Chinese run, it's their own. The US and EU are hardly the be all and end all of foreign investors, and certainly not in manufacturing. China is one of the major investors not just in Vietnam, but even all the way across the ocean in Mexico.
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That's partly because a sizable chunk of the foreign investment into Vietnam is FROM Chinese companies looking for lower cost manufacturing and to dodge trade restrictions, something this video missed. India isn't as attractive for this investment.
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A sizable chunk of the foreign investment into Vietnam is FROM Chinese companies looking for lower cost manufacturing and to dodge trade restrictions, something this video missed.
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They won't. A sizable chunk of the foreign investment into Vietnam is FROM Chinese companies looking for lower cost manufacturing and to dodge trade restrictions, something this video missed. They've already been moving up the value chain.
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That's partly because a sizable chunk of the foreign investment into Vietnam is FROM Chinese companies looking for lower cost manufacturing and to dodge trade restrictions, something this video missed. India isn't as attractive for this investment.
1
A sizable chunk of the foreign investment into Vietnam is FROM Chinese companies looking for lower cost manufacturing and to dodge trade restrictions, something this video missed.
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@didierduplantier8359 They don't just slap on a Made in Vietnam label onto it, they literally do make it in Vietnam. But they're still Chinese companies. China began doing this years ago simply due to the rising labor costs in China. And it's not just Vietnam, they've done it everywhere. For instance, China is even one of the biggest investors into Mexico...
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Ask the former Soviet states how well mass privatization went. For every Czech Republic there's a Bulgaria or Moldova. Privatization doesn't magically fix everything.
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A sizable chunk of the foreign investment into Vietnam is FROM Chinese companies looking for lower cost manufacturing and to dodge trade restrictions, something this video missed.
1
A sizable chunk of the foreign investment into Vietnam is FROM Chinese companies looking for lower cost manufacturing and to dodge trade restrictions, something this video missed. India isn't as attractive for this investment.
1
Ironically one of the biggest investors into Mexican manufacturing is...China. Lol.
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