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S1 Ep106: US Productivity vs. Chinese Manufacturing Dominance Guest: Dave Hebert Dave Hebert analyzed China's manufacturing dominance, which is fundamentally based on massive state subsidies (over $1 trillion annually) and a huge workforce of up to 212 mi

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Manage episode 520305003 series 96788
Content provided by Audioboom and John Batchelor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Audioboom and John Batchelor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
US Productivity vs. Chinese Manufacturing Dominance
Guest: Dave Hebert
Dave Hebert analyzed China's manufacturing dominance, which is fundamentally based on massive state subsidies (over $1 trillion annually) and a huge workforce of up to 212 million people, despite this scale, the U.S. workforce is vastly more productive per capita, supported by foreign investment, skilled immigration, and innovation, while China suffers from factory overcapacity due to subsidized production regardless of market demand, and he argued that U.S. tariffs harm domestic productivity by increasing the cost of raw materials and components for American manufacturers.
1898
  continue reading

52475 episodes

Artwork
iconShare
 
Manage episode 520305003 series 96788
Content provided by Audioboom and John Batchelor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Audioboom and John Batchelor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
US Productivity vs. Chinese Manufacturing Dominance
Guest: Dave Hebert
Dave Hebert analyzed China's manufacturing dominance, which is fundamentally based on massive state subsidies (over $1 trillion annually) and a huge workforce of up to 212 million people, despite this scale, the U.S. workforce is vastly more productive per capita, supported by foreign investment, skilled immigration, and innovation, while China suffers from factory overcapacity due to subsidized production regardless of market demand, and he argued that U.S. tariffs harm domestic productivity by increasing the cost of raw materials and components for American manufacturers.
1898
  continue reading

52475 episodes

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