itmayno

13 ms·

1.
by itmayno 5y ago
Samsung stopped mobile phone production in China since 2019. They are heavily in Vietnam. Apple is just doing something wrong is all.
2.
by itmayno 5y ago
They will either leave voluntarily or be out of business at the whim of a dictatorship literally the next day. It’s just risk vs reward here.
3.
by itmayno 5y ago
India is the fastest growing market. Capable manufacturing doesn’t matter when automation can be reshored, when there are shipping delays and pricing spike, when labor costs are rising fast. Not sure why we are discussing validity of exodu
4.
by itmayno 5y ago
Agreed that it’s not exactly the same scenarios. However US is actively disengaging from China. And as far as economy parity I think that may never be as China is on a downward trajectory while US is going up. And lots of china’s numbers ar
5.
by itmayno 5y ago
USSR followed the same path when their citizens grumbled about liberalization. State owned enterprises are now seizing power from private companies and foreign entities. Pretty soon you are going to see replays of USSR SoE dominance such as
6.
by itmayno 5y ago
If you are still manufacturing in China, you are a fool. Get ready for your factory to be seized/shut down in the next couple of years, or be taxed/fines so much that you have no choice but to leave. Or get ransomed by the local f
7.
by itmayno 5y ago
A mass death event will likely happen in a city with 26 million people that most folks outside China aren’t aware of the danger..Shanghai. Shanghai has been having extreme heatwaves, the worst one in 2017 where the temperature went to 46 d
8.
by itmayno 5y ago
I like how you conveniently gloss over the $100/month folks. And the $1k/month folks are still having a hard time buying a $300k house to get married and have children, while taking care of the elderly parents. Meanwhile they know
9.
by itmayno 5y ago
Alibaba isn’t just consumer facing internet technologies, look up the vast b2b stuff it does. And other types of companies have been smashed as well like evergrande or Wanda. Also, do you really think innovation will come from state compani
10.
by itmayno 5y ago
“ It's cracking down on private Internet companies that acquired too much power through network effects.” Sounds like smashing to me. Smashing down on private companies and innovations. Smashing down on private wealth and power. Smashi
11.
by itmayno 5y ago
Sure some countries have some of the same problems, I don’t disagree. However, the magnitude of the problem is 10x worse for China. Remember that China is still extremely poor - 600M lives on $100/month. And another 500M lives on $100
12.
by itmayno 5y ago
The native citizens will come to HN and offer some rationalization. The non citizens will offer others. The reason is very simple. The dictator is paranoid about losing control and getting killed. Simple as that. Long version: when you are
13.
by itmayno 5y ago
The native citizens will come to HN and offer some rationalization. The non citizens will offer others. The reason is very simple. The dictator is paranoid about losing control and getting killed. Simple as that