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re: U.S. companies are finding out they don't own their own factories in China

Posted on 4/6/20 at 11:04 am to
Posted by tide06
Member since Oct 2011
11250 posts
Posted on 4/6/20 at 11:04 am to
(no message)
This post was edited on 1/12/21 at 8:12 pm
Posted by RocketPower
Member since Jan 2020
404 posts
Posted on 4/6/20 at 11:08 am to
quote:

I’m as anti Chinese as you will find, but this is hypocritical when we are crushing 3M for exporting masks and forcing GM to make ventilators.

There isn’t a market economy in the world that doesn’t have command elements in times of war or crisis.




Yet when they need a bailout or tax break they come to the US government. If you don't produce here you should be told to frick off.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 4/6/20 at 11:42 am to
quote:

I’m as anti Chinese as you will find, but this is hypocritical when we are crushing 3M for exporting masks and forcing GM to make ventilators.

There isn’t a market economy in the world that doesn’t have command elements in times of war or crisis.


^Sure to be a popular post.

Note also that we invoked DPA to prevent mask/glove exports from the US as well. Last week.

With communists, expect communism eh?
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 4/6/20 at 12:00 pm to
quote:

I’m as anti Chinese as you will find, but this is hypocritical when we are crushing 3M for exporting masks and forcing GM to make ventilators.

There isn’t a market economy in the world that doesn’t have command elements in times of war or crisis.
Damn you and your objective analysis.
Posted by kmdawg17
'Murica
Member since Sep 2015
1525 posts
Posted on 4/6/20 at 1:28 pm to
quote:

this is hypocritical


It's not hypocritical at all.

They made their bed, and the 3M situation is completely different. In China, those facilities are taken by the government and the company gets nothing in return. In America, the jobs and revenue stay, but the product changes.

The problem is people like you don't actually know how any of this works, but you still want to voice your opinion

Any company head with any sense would immediately cancel doing business in China.
This post was edited on 4/6/20 at 1:29 pm
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