"Made in the United States" or will occupy the world for China?

Trump boasts that he should let the United States become "greater" under his administration and that revitalizing the manufacturing industry is an important task for him. Will Chinese companies really be sucked away by the United States? "Made in the United States" or will occupy the world for China? On the face of it, Trump wants to make “Made in the United States” reoccupy the US and global markets. However, in fact, these rhetoric is more about the employment issue in the United States. Some Americans are accustomed to proceed from the perspective of a “zero-sum game” by linking the issue of employment in the United States directly with China. They believe that the volume of trade between China and the United States has increased, and that the Chinese people have more jobs and American jobs will be reduced accordingly. For these people, the problem of employment in the United States has turned into how to make the Chinese people’s jobs become Americans’ jobs. The real question is whether Americans can take away the Chinese people’s jobs and whether they can afford it. The micro-steel plant technology has reduced the U.S. steel plant's employees by 75 percent in 50 years while maintaining the same output. Laws cause capital to go to low-cost, high-yield areas. This is the basic law, and it is the main problem that has caused the United States to fail to revitalize traditional manufacturing over the years. Where there is more profit, where the level of labor prices is lower, where capital will be transferred, no matter who enters the White House, this pattern cannot be changed. The wave of outsourcing that U.S. companies had previously emerged was fundamentally the nature of capital. For U.S. capital, where is the most profitable area in the future? From the current situation, the answer is likely to be the financial industry. Even if the financial bubble broke up in 2008, the United States is still the most able to attract money at the moment is finance, it is money continues to produce large amounts of money. The Financial Times recently commented that Wall Street’s wolf sex is returning. Everyone knows that there will be a bubble when this goes on, but capital games have not always escaped this cycle. According to statistics, only about 15% of U.S. financial institution's capital is invested in corporate financing. According to the statistics of the U.S. Department of Commerce, financial industry output accounted for 8.4% of U.S. GDP in 2011, and less than 3% in the 1950s. In addition, U.S. financial companies’ profits accounted for 30% of all corporate profits. the above.
In fact, Trump's own business is also following the above rules. His wealth accumulation mainly depends on money and money, and his construction projects mainly rely on imports of cheaper Chinese products. The United States "Business Week" recently reported that before the election campaign, at least two of the last three projects that Trump had handled had imported steel and aluminum from China. Its project in Chicago purchased a large number of energy-efficient glass walls from China. Only this one, according to the US market price estimate, Trump let US companies lose an order of more than 350 million US dollars. Some of the cups and T-shirts used in the Trump camp campaign were produced in China and Honduras. Trump's self-occupation as a "businessman president," coupled with the fact that its economic team has so many people who are doing business, they do not understand what America is relying on to make money. They also understand that it is precisely this way of making money that has led to American-style “de-industrialization,” and has also led to an ever-widening gap between the rich and the poor in the United States. Why did Obama not want to revive the United States? One of the purposes of the United States to engage in TPP is to enhance the U.S. position in the global industrial chain, or to recover the lost status. The United States is the world’s largest consumer market. This is the capital of the United States trying to restructure the global manufacturing chain. However, some scholars and research institutions in the United States calculated accounts and found that ultimately the U.S. manufacturing industry could not rely on the TPP to return to the industrial chain. Instead, it would only further transfer the domestic market to other countries' manufacturing industries, and foreign companies entering the United States could obtain such status. Report the rights of the U.S. government. According to a World Bank forecast, by 2030, the TPP Agreement will push Japan's GDP by 2.7%, while the United States' GDP can only be increased by 0.4%. The so-called revitalization of the basic manufacturing industry is more or less anti-economic. There are many countries in the world whose economic structure is gradually upgraded from basic manufacturing to service and high-tech industries. From the service industry and high-tech industries to the basic manufacturing industry, it seems that all of them still remain at the slogan stage. Even robot applications cannot completely reverse the trend. The massive use of robots can leave part of the manufacturing industry in or return to the United States, but it cannot be sustained. From the point of view of employment, the use of robots will only reduce jobs and will not increase employment in the United States. The “New York Times” report writes: Trump told workers in the manufacturing industry that he will bring jobs back to them through strict restrictions on trade, offshoring and immigration, but economists say that the bigger threat comes from another One thing - automation. In early 2000 I went to work in the United States and bought some $10 three pairs of white socks. Socks are very thick. Look at the label, which actually reads "Made in the United States." So cheap "small pieces" of the United States are also produced? Later, I read an article in The Wall Street Journal. It turned out that almost 90% of the socks in the US market were made in the United States. Americans spend $5 billion a year to buy socks, which is not a small amount. How did the United States keep the socks factory in the country? The original sock factory in the United States achieved early automation. However, this advantage did not last long. This is not only because of the low labor cost in China, but also because China will soon be able to manufacture similar machines and have technicians who can skillfully operate the machines. Three years later, I returned from the United States, and I was able to buy six pairs of socks for $10. The US sock manufacturing has been replaced by China. Of course, all of the above does not mean that the United States cannot really make a difference in the development of the manufacturing industry. Although the increase in employment is difficult, the United States still maintains its financial, innovation, and market advantages. If the policy is right, for example, continue to increase investment in high-end manufacturing, the United States is bound to further consolidate its guidance in the high-tech fields such as military industry, medical technology, information technology, and aerospace, etc., in the direction of global manufacturing development. Asian Advantage Today, talking about the revitalization of manufacturing has become a political trend in many countries, but it is only a political trend. Often people tend to focus more on abstract data such as taxes, investments, and labor prices. These factors are naturally important, but it is not enough to develop the manufacturing industry. Diligence, obedience and perseverance are equally essential and even more important. This is by no means a politician who can make a few bold remarks. Any Chinese who walks into the American community, even if he only stays for a day or two, will understand that the United States’ revival of its former manufacturing industry is simply a dream that can never be realized. According to the Chinese people’s personal experience in the rise of their own manufacturing industry for more than 30 years, look at the look of Americans of all skin colors who are shopping in the mall, strolling on the streets, and relaxing in the park, especially those young people in their twenties and thirties. People, you simply can't associate them with the thousands of blue collars sitting next to the assembly line. It is no longer possible for Americans to return to the waterline and work as blue-collar workers in countries such as China, Vietnam and Cambodia. In the United States today, it has been impossible to find young workers who are willing to work in blue collars and have certain skills. The U.S. manufacturing industry is facing a serious shortage of labor supply. There are many factors in the development of the manufacturing industry, but in the final analysis people are required to do it. The industrialization of a country is related to the de-industrialization and development model, and also related to the cultural traditions of this country or nation. The production chain of China's manufacturing industry may experience a certain shift due to rising labor costs, but most of them will not be transferred to the United States but will be transferred to countries such as India, Vietnam, Myanmar, and Cambodia. Since 2000, the number of U.S. manufacturing employment has generally declined. Why are these countries? Because the young laborers in these countries are still willing to engage in basic blue-collar work. This principle can also explain why some developing countries' manufacturing industries cannot always develop. For example, in Brazil, where I once worked, even if firms raise their wages, I am afraid that they will not find many people who are willing or suitable for basic manufacturing. When Foxconn did not boast about the sea, should it turn Brazil into an important processing center? But when the factory was opened for two years, it was stricken by constant strikes. At present, regardless of the production system or the degree of completeness of the chain, Asian manufacturing industries are leading the world. This is closely related to the overall development of China's manufacturing industry, and it is also related to the cultural traditions of some Asian countries and nations. For the next transformation and development of the Chinese economy, this is also a great opportunity. Looking to the future, China needs to retain some key enterprises through financial and taxation measures, and it must also make more efforts to consolidate and improve the Asian production chain. At present, some Chinese companies have begun to transfer their production lines to other Asian countries. For example, Huawei will build a mobile phone production line in India. Leading the development of the Asian production chain, China can at least make a difference in three aspects: First, continue to expand and strengthen the Chinese consumer market, promote and even support the improvement of the Asian production chain through strong consumer demand, and second, use of China has been built up. The complete manufacturing system, through research and innovation, continues to make breakthroughs, and it occupies more high-end manufacturing chains, and continues to maintain its advantages in the field of equipment manufacturing. The third is through the operation of capital, technology, and trade, in the low-end manufacturing industry. At the time of external transfer, it will guide and adjust the overall layout of Asian manufacturing.

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