Yasuhiro Nagano Opinion March 29, 2020: Each country should relocate factories from China to its own. Dear Sirs, that time. It should be a "factory" with the latest manufacturing equipment. With “the latest equipment,” we can produce high-quality “products” at lower prices than in China. China became a “world factory” because the world invested in China and manufactured products with “the latest equipment”.
Yasuhiro Nagano Opinion March 29, 2020: Each country should relocate factories from China to its own. Dear Sirs, that time. It should be a "factory" with the latest manufacturing equipment. With “the latest equipment,” we can produce high-quality “products” at lower prices than in China. China became a “world factory” because the world invested in China and manufactured products with “the latest equipment”. Part 1. Labor costs in China are low. It is not only low labor costs that China has become a global factory. When manufacturing in China, each country built a factory in China that had more up-to-date equipment than its own factory. The latest equipment is automated. The system is capable of stably producing standardized products with fewer personnel. This “factory with the latest equipment in China” is compared to “the old factory in the United States and Japan that has moved to China” The productivity of US and Japanese factories is much lower. This is a