US tech manufacturing departing Red China @AlanTonelson @GordonGChang @TheDailyBeast

Aug 24, 2018, 12:00 AM


(Photo: Two men counting brass coins, Changde, Hunan, China, ca.1900-1919 "Counting 'cash' in the days before copper and silver coins were minted. The brass cash had square holes, and were strung in units of 100, ten of which made a 'tiao', the rough equivalent of a dollar. The 2 young men in the photo, Kung and Pao, came with a third, Tai, to OTL [Oliver Tracy Logan] soon after his return in 1901, and asked to be trained in Western medicine.)

Twitter: @BatchelorShow

US tech manufacturing departing Red China @AlanTonelson  @GordonGChang @TheDailyBeast

A U.S. technology executive said his firm’s relocation calculation depends on how long the trade battle continues. If the fight isn’t settled by November—the goal of Beijing and some in the Trump administration—he figures it will last at least another year. Then it would make sense to move factories out of China to service the U.S. market and avoid 25% tariffs, he said.