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Foxconn CEO: China no longer 'world's factory' due to Trump trade war - Business Insider

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The CEO of the largest iPhone manufacturer reportedly predicted that China will no longer be the 'world's factory' due to Trump's trade war

U.S. President Donald Trump and China's President Xi Jinping make a joint statement at the Great Hall of the People on November 9, 2017 in Beijing, China. Trump is on a 10-day trip to Asia.

Trump has waged a years-long economic battle against China, imposing extensive tariffs and targeting a range of Chinese companies, though evidence strongly suggests that most of the burden has fallen on Americans.Over the past 50 years, China has become a global economic powerhouse, due in large part to the rise of its manufacturing industry. But the CEO of one of the largest companies in that space, Hon Hai Precision Industry Co., predicted that era could be coming to an end.

 

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Thanks to Trump for shrinking the thieves of others knowledge. They call themselves world innovators but cannot leave America alone and stand on their own feet. Their tech and science students troops into America spying and searching for newest tech invoke to copy run away with.

除了貿易戰的因素之外，極權政治對人權的迫害，勞動成本的增加也是讓很多工廠外移的原因。 今日大陸即將進入黑暗時代，工廠將會收歸國有，如果不盡快離開將會人材兩空。

drumheadberlin Then we can only thank Trump.

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You wouldn't dare to report China no longer depends on being the 'worlds factory' they have switched gears and focused on being the 'worlds innovators'. They applied for the most patents in 2019.

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