this post was submitted on 21 Jun 2024
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Why the West fears massive job losses because of China’s clean tech prowess (www.channelnewsasia.com)
submitted 4 months ago by schizoidman@lemmy.ml to c/worldnews@lemmy.ml
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[–] a1studmuffin@aussie.zone 24 points 4 months ago (1 children)

Everyone loves the free market until it works against them.

[–] dotslashme@infosec.pub 5 points 4 months ago

Agreed, I mean the west could offer great expat packages to attract talent, but I'm sure they will go with punative taxes instead.

[–] kent_eh@lemmy.ca 14 points 4 months ago

Well when you outsource all your skilled jobs to other countries for a few decades, it shouldn't be a surprise that they will move ahead of your country in the skills needed to compete against you.

That quest for extreme short term profits at the expense of your own long term sustainability/survivability has come back to bite you in the ass. Congratulations corporate America, you've played yourself.

[–] Eezyville@sh.itjust.works 12 points 4 months ago

The west should step their game up instead of trying to contain the inevitable.

[–] mlg@lemmy.world 4 points 4 months ago

They already did this big boohoo in 2008, I don't even think people working in automotive are gonna buy this, considering they have massive layoffs every few years anyway.