Comment Re:China still loses jobs, capacity (Score 2) 33
It also means the manufacturing capacity belongs to India or Vietnam, rather than China, despite China having nominal control of the output.
This is the part that drives me crazy about the "anti" side of onshoring/reshoring. "Oh, it'll be an automated factory that only has a dozen jobs at most, that's stupid." Maybe so, but at some point you have to realize that "but then we have the factory, not some at least nominally hostile government 10,000 miles away" has value on its own. Hell, if nothing else, the massive disruptions of supply chains during Covid should have taught people that.