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07/31/2021

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I agree on the comments above. I tend to think that while bringing manufacturing in-country may help eliminate some of the supply-chain bottleneck for components like semiconductors and batteries, the truth is that China owns so much of the process that it'll be hard for the US to be totally self-sufficient anyway. Everything from mining and refining raw materials, assembly, and packaging are done in China (or Chinese-owned mines in places like Africa) and for much cheaper than can be done here, so the US would have to heavily incentivize companies to retain a skilled workforce and keep those jobs here, it's just too expensive otherwise. It all seems very shortsighted and reactive. A proactive strategy to figure out the next critical tech would go a long way.

As an aside, this article references COMAC, China's attempt to launch a commercial aircraft on the scale of Boeing or Airbus, in the context of what used to be known as "Made in China 2025". China has been known to shortcut the expensive R&D process by stealing intellectual property, and many of the critical components in the COMAC C919 were stolen directly from US and European companies. The pessimist in me thinks that even if industrial policy here gains momentum, China's incentive to maintain control of the supply chain is so great that they'll throw all their resources at understanding what we're doing and how we're doing it, and then figure out how to make it cheaper and more efficient.

Link to an article about the COMAC C919
https://www.zdnet.com/article/building-chinas-comac-c919-airplane-involved-a-lot-of-hacking-report-says/

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