A long time ago it was about labour costs but that isn't been true for over 2 decades. manufacturing anywhere outside of China can't compete with China anymore because of critical mass of supply chain. You should visit Shenzen and you will quickly understand why there is no place in the world like it and why there probably never will be.
Hearing that people think you can 'just' replicate Shenzen somewhere else makes me giggle.
Unfortunately for the US it also goes for batteries and other green energy tech that the US turned their back on in favour of oil these past decades. You can't just replicate Xinjiang polysilicon production, without which we can't have PV solar cells, also primarily made in China. CATL is probably the largest manufacturer of EV class batteries in the world. China makes more EVs than the rest of the world many times over, etc.
Now they are also leading in nuclear, rolling out 200GW of next-gen reactors, they have their own fusion experiments.
They have been leading in AI research for the last 10+ years.
The days of China being cheaper are long long gone. You go to China because you can get access to talent, work ethic and optimised supply chain + logistics that can't be bought anywhere else on earth for any price.
That dominance isn't going to be easily displaced because it's the product of decades of investment and R&D.
Hearing that people think you can 'just' replicate Shenzen somewhere else makes me giggle.
Unfortunately for the US it also goes for batteries and other green energy tech that the US turned their back on in favour of oil these past decades. You can't just replicate Xinjiang polysilicon production, without which we can't have PV solar cells, also primarily made in China. CATL is probably the largest manufacturer of EV class batteries in the world. China makes more EVs than the rest of the world many times over, etc.
Now they are also leading in nuclear, rolling out 200GW of next-gen reactors, they have their own fusion experiments.
They have been leading in AI research for the last 10+ years.
The days of China being cheaper are long long gone. You go to China because you can get access to talent, work ethic and optimised supply chain + logistics that can't be bought anywhere else on earth for any price.
That dominance isn't going to be easily displaced because it's the product of decades of investment and R&D.