Reply to post: Re: Shoot foot, then head

But of course the US and China's trade war is making those godDRAM oversupply issues worse

vtcodger Silver badge

Re: Shoot foot, then head

"Historians will look back in the future at marvel at how the West built up the Chinese industry to make a short term increase of profits."

Well, yes. But it's a bit hard to see what other choices the West had or has. There are a LOT of Chinese -- 1.3B of them give or take. They are disciplined, hard working, and they work cheap. Much like the Japanese in the 1950s (who the Chinese seem to have used as a model), the Chinese are pretty much inevitably going to become major players in whatever business they set their mind to learning. At least until their standard of living and production costs approach those of the West.

The West could, of course avoid trading with China -- as the US did in the 1930s with Japan and is doing today with Iran. But the results back then were pretty ghastly for all concerned. And probably would/will be equally unfortunate today.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon