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Majority of Australians think China will be world’s most powerful country by 2035, poll finds
(www.theguardian.com)
this post was submitted on 16 Jun 2025
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What makes the US the most powerful country in the world? It's our cultural exports, our educational institutions, and our technology. We spent decades handing all our technology over to China, and undermining education. Now Trump has poisoned the American brand for at least a generation.
China is way ahead on building a science and technology culture, and promoting education. The dividends from those investments are already paying off, and they are going to start compounding.
A lot of Americans still think of China as the place to make cheap goods, but their manufacturing sector has benefited from decades of stolen expertise. It turns out there are benefits from having engineers and factory workers in the same location. Faster feedback means faster development. Now the US is falling behind.
I listened to a podcast (Dithering; it’s subscription based) talking about a book about Apple’s manufacturing operations in China. The distinction was that other companies guarded because their techniques would be stolen, whereas Apple focused on “we’re gonna teach you to do this,” which then proliferated to other companies. We wouldn’t have semi-affordable (depending on your situation) iPhones otherwise. They be impossible to build at scale. Really eye opening.
The ep was the second one last week, if you wanna listen.
Yes we would, they'd just have to lower their ridiculously high profit margins: https://www.cnbc.com/2025/01/30/apples-gross-margin-hits-record-as-services-business-keeps-growing.html
Apple's huge profit margins are only possible because of the scale of their operations in China. They're moving to India and Vietnam. It remains to be seen how that will work out. China has been building expertise in manufacturing for decades. My statement stands.