But companies have been incentivized to offshore production for decades. In many cases policy decisions have immensely rewarded them for doing so.
The end result is those countries (mainly China) have grown into infinite scaling machines. It probably won't unwind any time soon.
But companies have been incentivized to offshore production for decades. In many cases policy decisions have immensely rewarded them for doing so.
The end result is those countries (mainly China) have grown into infinite scaling machines. It probably won't unwind any time soon.