More than that the US doesn't have some huge pool of cheap surplus labour just sitting around waiting to make things for the same cost as the people in China can. A person might have a trade deficit … (View Post)
Oh I certainly think China will win in the long run whatever happens, my point is that Trump is accelerating that process. Trump has created the impetus for the entire rest-of-the-world to move away … (View Post)
Chinese tech is rapidly catching up, and the number of Chinese authors on papers rises year after year. Anyone who thinks they are just copying the US is as daft as the people who used to dismiss Jap… (View Post)