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RE: USA Effective Corporate Tax Rate is Going Down to 10 Percent!

in Actifit9 months ago

This is very interesting and you are correct in saying once automation takes hold Chinese companies cannot compete. The Chinese plan was always to remove any competitor globally and this automation will be a game changer. I already believe Chinese companies are no longer competitive and through some research manufacturing locally they cannot compete. Their prices have been on the rise for years due to no competition and I really hope others can see what a big opportunity this is.

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It sure looks like this is the plan of the people behind the current administration in America and I am all for it. Cheap labor was the main competitive advantage for China, and like you said they are not that cheap anymore. And automation would completely eliminate their main competitive advantage...

I think this is really good news and cannot wait to see this happen.