On paper, the manufacturing G 7 combined is less than China's 2 3.
Looking at the figure below, the United States is basically supported by a Texas Instruments.
**10,000 Fans Incentive Plan
Cautious]: This is a bit one-sided, and it can't be generalized. The understanding of the industry is too simplistic. Foreign-funded enterprises in China also account for a large proportion, technology is still foreign, GDP and output are counted as Chinese.
Supporters]: Manufacturing capacity refers to how much work you can make, and the ability of foreign capital to count wherever it is.
Moreover, foreign capital has this ability in China, and it is not necessary to change places
Cautious]: Actually, it's not necessarily, you can't underestimate anyone. Southeast Asia, in particular, is on the rise.
Then the question is, the United States called for the return of manufacturing in half a day, why did they still come to China?
The answer is, control you, control you, occupy the market, and have interests, why not do it? Walmart, McDonald's, Procter & Gamble, Budweiser, GM, Mobil, Nestle, Camel, Starbucks, too many, all of them are awesome. Is there a Chinese brand in the United States? Sober up. A recession in the United States? Americans make too much money, how much of China's GDP does the Americans share?
Of course, look at it from another angle: whether the so-called manufacturing industry is strong or not, it is talking about wartime or emergency, and peacetime is based on the premise of interest exchange, so I asked Starbucks whether it could make masks during the epidemic?
Why is the U.S. decoupling? Because of the wartime state, China's manufacturing industry can indeed restrain Western countries.
Manufacturing is the backbone of a country, and the World War II that the United States can win is that the manufacturing industry can produce a large number of military and civilian products to deal with the war, and whether the United States can still do it is a huge question mark.
The United States and NATO can't feed Ukraine's ammunition needs even if they work overtime, and they really can't figure out why the United States and NATO dare to move China ten times their military industrial capacity? Moreover, NATO, the United States, and Russia, which did not gnaw at Guangdong's GDP nearby, why would they go all the way to send people away?
Cautious]: Many things are certainly not achieved overnight, but you can't deny that in recent years, it is obvious that the pace of foreign capital withdrawal has accelerated, just like the domestic internal circulation, this thing can never be achieved overnight, and it will take n years or even two generations to achieve.
In a world of great controversy, change is always normal. We will face structural adjustments whether we want to or not. Some go, and some come.
After all, foreign capital and Wall Street have been mixed, and now they are going without hesitation to be beaten by the Chinese market without desire to survive, and while walking to see the role of the United States and the West, the real awesome companies are also returning to such as Samsung mobile phones (and Samsung Electronics has been increasing investment), it is difficult for real world-class companies to give up the Chinese market in three parts of the world, Zack is exploring the way, and Google's scientific and technological cooperation with China has been expanding ......
Prudence: It is very difficult for everyone: if you want to recreate a productive force like China, you have to win over a number of small countries or pull India in. In the same way, it is extremely difficult for us to achieve internal circulation, to make the distribution of internal interests more reasonable, to greatly increase the real middle class, and to really do a good job in all kinds of basic guarantees.
Supporters]: Unity is strength, as long as there is internal unity, it has an advantage over external gangs and factions. This is like the Warring States Qin State against the Six Kingdoms.
Cautious]: The industrial output of the United States is 2 3 China, so you say that the United States is backward in industry, but is there another account, the population of the United States 3400 million, China 14300 million, about 23% of the Chinese population But the industrial output accounts for 66% of China, so the per capita industrial output value of the United States is still 2 more than ours88 times, and the U.S. industrial output is reflected in high value-added industries, and the U.S. blue-collar workers are only 3 million, while China is directly engaged in manufacturing more than 1500 million, an American worker creates a lot of industrial added value, coupled with the accelerated decoupling of the United States, people don't buy your things, and what you produce can't be sold is waste, and production capacity will be reduced in the future.
Supporters]: It is true that the existing manufacturing industry in the United States is basically in the high-tech field, but China does not need to worry about who the United States will find to replace the basic manufacturing industry. Can manufacturing in Europe, Southeast Asia, and South America replace manufacturing in China? Europe's labor costs and strict environmental policies simply cannot support these industries to survive in Europe. Southeast Asia has cheap labor costs and resources, but does it have a full industrial base to sustain large-scale manufacturing? They can't do it, and it's hard to guarantee even a minimum of electricity**. Not to mention South America, a country that is mired in the middle-income trap, which, combined with their free-spirited national identity, can only achieve nothing. Basic manufacturing is the backbone of a country, and China is the only country with a complete range of industries, which is the fortunate thing for the Chinese, not afraid of who sanctions, and not afraid of war. If there really is a war, the United States can only lose faster.
By any standard, U.S. manufacturing is in decline. To attract TSMC and Samsung to build chip factories in the United States, huge subsidies are required; It will also cost huge subsidies to build battery cells and photovoltaic factories. Even if a large amount of subsidies are spent, there is a high probability that the subsidies will be spent and the industry will collapse.
How to see the score of the U.S. manufacturing industry is not declining:
The United States was the No. 1 manufacturing industry after World War II until 2010, when it was surpassed to become No. 2. Removing the current first, the U.S. manufacturing industry is still the sum of the third and fourth, and the gap with the third and fourth is still widening. Of course, if you compare it with the current first, it is a decline, and it was surpassed in 2010, and in 10 years, it will basically be half of the first.
If you look at it from China's point of view, the whole world is in decline, because China's growth rate is so terrible, don't care about the high, medium and low-end, China will stand on the side and others will leave forever.