TaiShang
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U read the news that many CN companies such as CN steel and textile companies has been moving or investing more VN to prepare for TPP, right ??
So, it means that, in TPP, VN will really able to provide the same logistics and quality workforce as China thanks to many CN companies moving to VN. VNese will have more jobs, US will still get good quality products at low price, some of CN companies still survive cos they move to VN....only CN mainlander suffer job loss and bad economy.
You will get foreign investment (especially industry 1.0) with or without the TPP. TPP is not helping you, in fact it is designed not to help you.
I told you, that's the natural progress of regional development. China went through a similar painful development stage. It is normal that basic industries like textile, which is quite polluting and relies on cheap labor for competitiveness, would move to down south.
Taiwan's entire textile industry fled the province in the 90s. Now a similar case with Mainland.
You will definitely benefit from it, say, more than India will. Because you probably have a better logistics and workforce. But, I am not sure you would really catch on a advanced-developing country like China because of automation. Cheap labor is becoming a burden, not a leverage now.
As I see TPP is going to kill what hope remains for Vietnam's economy because it will keep you in a forever stage of underdevelopment. You will NEVER have your own Huawei or Baidu or CRC.
Duterte can stay in one term only, I think so. Following serveys in US: Trump will be loser, Madan Clinton will follow her supporter Obama and hi's policies, there is pivotal opportunity for US global business leadership.
Let's not delve into prophecy. The numbers I see right now suggests that Duterte is enjoying immense popularity. If there would be elections today, he would get a much higher percentage of support.
I am not sure Clinton is madam or not, but if she is elected it will be ore of the same. Remember, current US Asia strategy has been crafted by her. And so far, US Pivot worked miraculously well for China.
I am more worried about her mental and physical condition than China's prospects in Asia and beyond.