Mojo ♻️<p>When the US began outsourcing manufacturing to China in the 80s, it was praised as a smart business move that boosted shareholder profits. But the short-term cost cuts came at a heavy price: loss of jobs, skills, and the transfer of intellectual property. Now, America is scrambling to bring back its manufacturing industry.</p><p>Meanwhile, the Chinese government is concerned about the intellectual property of its automakers. Reportedly, it gathered all major car companies this summer, advising them to avoid full-scale manufacturing abroad. Instead, they should only ship knock-down kits and use foreign factories for assembly.</p><p><a href="https://aus.social/tags/manufacturing" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>manufacturing</span></a> <a href="https://aus.social/tags/outsourcing" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>outsourcing</span></a> <a href="https://aus.social/tags/china" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>china</span></a> <a href="https://aus.social/tags/intellectualproperty" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>intellectualproperty</span></a> <a href="https://aus.social/tags/automakers" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>automakers</span></a> <a href="https://aus.social/tags/electricvehicles" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>electricvehicles</span></a> <a href="https://aus.social/tags/ev" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ev</span></a> <a href="https://aus.social/tags/businessstrategy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>businessstrategy</span></a> <a href="https://aus.social/tags/globaltrade" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>globaltrade</span></a> <a href="https://aus.social/tags/economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>economics</span></a> <a href="https://aus.social/tags/jobs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>jobs</span></a> <a href="https://aus.social/tags/supplychain" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>supplychain</span></a> <a href="https://aus.social/tags/automotiveindustry" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>automotiveindustry</span></a> <a href="https://aus.social/tags/tesla" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>tesla</span></a> <a href="https://aus.social/tags/byd" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>byd</span></a></p><p><a href="https://www.notebookcheck.net/BYD-may-avoid-America-s-outsourcing-mistakes-with-knock-down-kits-for-export-assembly.887857.0.html" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">notebookcheck.net/BYD-may-avoi</span><span class="invisible">d-America-s-outsourcing-mistakes-with-knock-down-kits-for-export-assembly.887857.0.html</span></a></p>