What China has achieved in the last 30-40 years is nothing short of a miracle.
Yup.
It’s mind boggling.
Why are so many in the West in denial about the evolution of China?
I think their manufacturing “ecosystem” is the smart way to go. I worked for a logistics company. Various parts go down, and production stops while waiting for a part. (A part from Argentina to Alberta, CA comes to mind)
In China, with their ecosystem, a manufacturer needs a part, say a company that makes hair dryers needs more electric cords. The electric cords are from a plant 5 blocks away.
Here, I remember expediting mylar bags from Mexico rushing to Pennsylvania for a candy company. I really don’t see us catching up to their streamlined approach.