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China’s share of global industrial production, which was 6% in 2000, is projected to reach 45% by 2030. (lemmygrad.ml)

submitted 1 week ago by [email protected] to c/[email protected]

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source https://mipforum.org/wp-content/uploads/2024/11/MIPF-Conference-Paper-FINAL-WEB.pdf

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[–] [email protected] 32 points 1 week ago

The Western world spent four decades moving all of their production of absolutely everything into China because it was cheap. Two generations later we consider it an unexpected and worrying problem that China is so good at producing things all of a sudden and wonder why we can't just produce them ourselves anymore when we haven't trained anyone in the modern production methods of those things since before personal computers were a thing.