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Martin Wolf on the World in 2022

Intelligence Squared

Bringing Back Manufacturing and Strategic Industries From China?

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To what extent should the west seek to resure manufacturing and strategic industries from china? Is it feasible? What policies would be needed to make it a reality? If if we were to do that, i have come to the view, which is not a view i would have had ten years ago. The way i think i put it is that what's happening to manufacturing is what happened to agriculture. We duce more than we ever did. Andit used to take 70 % of the labour force. It now takes one%.

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