In fact, the Chinese own at least 51% of these factories.
So, what this means is that American corporations can leave China but they can’t take the factories and machinery or technology with them.
The factories will continue producing the same products and these
products would have a competitive edge against any similar products
produced here... good luck with that.
In addition, these manufacturing facilities set up here will not require many workers as we can seen from the new Stanley plant which intends to produce Craftsman tools in Dallas, Texas... this plant will employ few workers while using a very automated production process based on Artificial Intelligence where automation, robotics, computers are brought together by Artificial Intelligence.
And China is light years ahead of the United States with Artificial Intelligence.
For our own good... We had better learn to get along with China.
Jobs aren't going to "come back."
New jobs may be created but if they are, workers are going to have to militantly assert their rights in the workplace... fewer hours, more pay; decent working conditions, etc.
In addition, these manufacturing facilities set up here will not require many workers as we can seen from the new Stanley plant which intends to produce Craftsman tools in Dallas, Texas... this plant will employ few workers while using a very automated production process based on Artificial Intelligence where automation, robotics, computers are brought together by Artificial Intelligence.
And China is light years ahead of the United States with Artificial Intelligence.
For our own good... We had better learn to get along with China.
Jobs aren't going to "come back."
New jobs may be created but if they are, workers are going to have to militantly assert their rights in the workplace... fewer hours, more pay; decent working conditions, etc.
