With TPP in the process of being ratified and the American presidential race well under way, focus has again returned to the war for manufacturing (and manufacturing jobs) and its future in America. Boston Consulting Group released a remarkable survey a few weeks ago, which can be viewed here (pdf), here (slideshare) or here (scribd). It's worth posting the executive summary here to see its significance:
Key takeaways from BCG's fourth annual survey of U.S.-based manufacturing executives
1) Interest in reshoring production to the U.S. remains strong, and the percentage of companies actively moving operations back to the U.S. continues to increase
This is a preview of
The Road to War: The War For Manufacturing and Cold War 2.0
. Read the full post (1321 words, 3 images, estimated 5:17 mins reading time)
Watching this, one is reminded that the copy culture in China (extending from copying paintings to intellectual property) injures not only foreigners, but the Chinese people themselves. To quote the gallery owners towards the end of the film, "China's made a great living from copying the Western world, but now Chinese copy [themselves], so every time the artist makes something, or creates something, somebody will copy him, and you will have one artist who will create a great new style, and tomorrow it will be in 700 galleries for a dollar cheaper than the original artist would sell his own painting…. The copy culture of China is now affecting the Chinese people, where before the Chinese people may not have ever realized what the damage of copying other people's creations caused those other people. When a billion people are trying to survive, they probably don't put too much thought into the damage of copying someone, but now the artists here are really finding the pain that's inflicted by copying someone's design."