Originally Posted by
Captain Knowitall
I was watching a Business news show several days ago. The news out of China is not looking very promising. It would appear that there has been a production stoppage there on "Non-essential" goods. Also, What is happening is that previously contracted shipping companies are upping their shipping rates. They literally have people over the barrel. Extorting more money from everyone. If you don't pay, your stuff doesn't get put on the ship. That simple. You don't pay up, your stuff may never make it to the dock yard at all.
I cannot speak to Ares, and what has happened with their products made in China. However, I have seen testimony regarding this on a few Business news shows that have all spoken on this. Some from US, UK and other countries who are experiencing delays and reduction in the quantity of products being received. What doesn't seem to be slowed down is all of the products owned and made by the ChiComs. Hisense etc, those get shipped out with zero difficulty or delay. Yet products made by Visio, Samsung, GE, etc never seem to make it onto the cargo ship.
I also recently saw an article where one country has made or is actively making a deal to shift all of their country's manufacturing sourcing to India. Which frankly would be a far better place to shift to than to continue with China.
To be totally honest, I would prefer that ALL manufacturing be done domestically within the country of the Company's origin. If in Italy, then have the manufacturing done in Italy. I'm sure there are folks there who would love to have a job who are currently not employed.
Same for the UK, USA, etc.
When you do that then you take the power of control out of the hands of a country that can simply cut you off if you piss them off or go against their will.
Just my 2 shillings worth.
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