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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (85533)	8/24/2020 11:14:11 PM
From: Sam	Read Replies (1) \| Respond to of 95487

Diversifying out of China began well before Trump started his tariff and trade policies, as I tried to show in the previous post. Here is another article on it: Manufacturers Are Leaving China, But Where Are They Headed? Seeing China’s manufacturing sector shrink is a trend that excites Americans, although it may not actually alleviate much of the pressure around a U.S. unemployment rate of 7.3 percent. The reality, according to many experts, is that the phenomenon is more one of nearshoring than reshoring, as many of these businesses — along with their jobs — head to Mexico. Jan 28th, 2014 manufacturing.net I don't think the plans to leave China will be cancelled. Companies were already leaving for other cheaper countries. Vietnam, Thailand and Malaysia among other Asian countries and even starting to go to Africa. You sound like people used to sound back in the 80s when they talked about Japan. Granted, China has far more people than Japan but they also have an enormous number of problems to overcome. And they are no longer the long cost place to do business. As for rare earths--you should know that rare earths aren't really rare. They are just difficult to mine and China heavily subsidizes their rare earth mining which makes them cheaper than other places. But it wouldn't take that long to bring some dormant supplies back in other countries, enough to meet the needs of the world even if they would be somewhat more expensive. Cf theverge.com for one article on it. But look, I'm not arguing that decoupling is a good idea. It isn't. But Trump's approach to deal with China unilaterally is also a terrible idea. A Biden administration would change that.