Reshoring, Robotics, and Roller Disco
Commentary
In the 1970s, with America’s market opening to China engineered by those peerless (not) ethicists and strategists, Richard Nixon and Henry Kissinger, China became the “world’s factory” because many of America’s own factories moved there for the cheap and compliant workforce.
Now folks are starting to realize—in part due to the pandemic, evidence of Uyghur forced labor in China, Russia’s weaponizing of gas exports, and Beijing’s threat of war against Taiwan, which could drag in the United States—that moving all our factories to China maybe wasn’t the world’s best idea from the 1970s….