A poster on Practical Machinist posted this video of a modern Chinese cutting tool manufacturer. The scary part for me was how modern the plant was. Rows upon rows of new equipment.
My brother spends a lot of time over there. He says the better shops over there look exactly like the better shops over here.
It is the 1950's all over again like it was in the midwest, where dealers would drop off machines, and then wait 30 days to invoice..except this time they all speak chinese.
you have to remember that half or more what you see there is counterfiet; just because it says haas and looks like a haas doesn't mean it's a haas, it could very well be a duck with a clever paint job....
Almost didn't see your post amongst the china cheapest spam.
Wes
"China Trade Surplus Narrows; Foreign Investment Rises (Update4)"
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In 1998 the US imported $71.2 billion From China for a trade imbalance of -56.9 billion
In 2007 the US imported $321.5 billion resulting in an imbalance of 256.3 bil
That's one option and one that the Chinese themselves are worried about. They might have a couple of Henry Ford's on there horizon and that would start them down a different path. You must remember reading about "five dollar a day" Ford. He said his employees ought to be able to earn enough to buy the products they made and then put his money where his mouth was. Were the Chinese to do something like that, the population of the United States wouldn't be able to afford their stuff but they would hardly care. They are the single largest market in the world or they could be. It would dwarf us in terms of the value of goods and services.
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