AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
How Do We Reindustrialize?
I usually like to compare US to China. And I basically say, think of China as equivalent of the United States of 1970s. China today are responsible for about 30% of global manufacturing. This is exactly what the United States looked like in 1970s. So China is facing conventional deindustrialization. It's facing agricultural revolution or improvements in yields in agriculture that they need to do. And many other aspects to US, focusing on reindustrializing in a different form.