Has anyone seen the price of Chinese goods lately by going on places like Taobao?
They talk about replacing China but how is anyone supposed to do that when they can make it so cheap. Keep in mind they have already automated a lot of stuff.
Like they talk about India replacing China but when you think about it further...how? All the factories and entire ecosystem with supply chains are already set up in China. Then many of them are becoming semi automated with robotics that work 24/7 with very few errors. What can India do to further undercut the price? It's actually very difficult esp when trying to fight against increasingly cheap robots