Comments by "Alexander Philip" (@alexanderphilip1809) on "Wendover Productions"
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Well Chinese manufacturers get preferential treatment in their financial system. If enough countries try to replicate the model China utilizes(TTDM, industrial espionage, preferential treatment for domestic companies in local judicial system in the event of a dispute against foreign company, massive subsidization of land, labor and Capital costs especially in the coastal provinces who were the first movers in attracting foreign Capital with their SEZ's located in close proximity to ports ). Then what makes China the preferred location for foreign manufacturin investment will change over the course of roughly a decade. One advantage other countries dont have is an authoritarian system that can marshall the resources of the state towards any scientific, technological, political and/or economic goals without obstructionist activist morons asphixiating every opportunity available, India being the quintessential example but by far not the only one. Lack of Democracy and Lack of meaningful diversity lies at the heart of China's advantages. When they make mistakes it they are catastrophic(Great leap forward, cultural revolution) When they get it right by god do they get it right.(Opening up under DXP, Tank man's revolt, SEZ policies, HSR expansions, Their multi layered industrial policy encompassing tariffs, infrastructure spending, conducive monetary & fiscal policies and technology development funds + independant labor union/activism suppression ).
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