—
no predictions resolved yet
0 pending · 0 expired
1
companies · 4 data points
yes, China is more competitive than us, but the CCP also nationally subsidizes the cost of energy, the cost of raw material.
It's a myth that it's just low-cost labor in China anymore. They are very advanced at production.
While the U.S. is still the global powerhouse in software and AI talent, we made China into the global powerhouse for manufacturing talent.
In munitions, China has automated factories that can produce 1,000 a year. Whereas we run out of missiles in the first seven days of any war game conflict, and then we can't reproduce that ammunition for, like, three years. In shipbuilding, they're 200 times greater than us. We produced a grand total of five ships last year. Pharmaceuticals are all offshore. Drones, iPhones, we don't make any of them. And bear in mind, in pharmaceuticals, the CCP makes all our antibiotics.