I believe you misunderstood my point: In general, the most easily replaceable parts of a multi-component consumer item are NOT going to be the “functional or necessary” parts.
I would not be surprised to find that 80% or more of US manufacturing production depends in some way shape or form on one or more imported components or materials, with a large part of that from China.
(The way this is going, the “from China” part may not matter much in a few weeks. See: “Korea”. Etc. Possibly some of the warm weather countries like Indonesia can fill in a little, but, either “from here” or “from there”, as we agree, I think, that takes time, and it takes even more time to build really big capacity.)
I think you mis-read my numbers.
35% of components (not necessarily parts) are sourced from China.
80% of the 35% are made in the provinces that are locked down.
.80 x .35 = (roughly) 30%. (exactly 28%)
My point is that a lot of this stuff is replaceable (you can get an aluminum screw just about anywhere.) If that part is the mold injected front panel for the car...that might be more complicated.
The Bloomberg article was just putting out numbers—it did not get into much detail.
Of course it is case dependent. My examples (parts) are hypothetical.
But I am sure there is some stock analyst who has been crunching these numbers and some supply chain guy who is trying to find alternative suppliers.
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This is the problem with single sourcing for the best price.
Thank god for printers. Better buy em up while they still last. They can print parts we need. Slower but functional
80% in automotive, electronics, clothing and shoes. the rest...20%
We can 3D print things!!