Sensitive production in the United States . to protect it from potential competitors. This image has the attribute high empty; his name is vietnam.jpg Illustration of Vietnam and Korea during the Cold War This is how OEMs ( original equipment manufacturers ) appeared : Asian companies that supply intermediate or semi-finished goods to another company. usually a multinational. which sells them. already finished. with a well-known brand in the European consumer markets and United States . Currently. the production of smartphones . for example. is led by Taiwanese OEM companies . unknown to the general public. which manufacture in the People’s Republic of China for major Chinese.
American or Korean brands. This image has the attribute high empty; his name is remy-gieling-kp6xqiejjpa-unsplash.jpg Remy Gieling (Unsplash) This form of outsourcing has generated significant economic growth in Asian countries. but also large trade deficits in Western countries. as they became deindustrialized. These trade deficits were offset by business gains and consumer perceived advantages over a higher supply of goods at competitive prices. The trade war started by Donald Trump could reverse this situation. During the Vietnam and Korean War years. American parent companies maintained the most sensitive production in the United States. to protect it from potential competitors.
This Relocation Process Coincided
In time with a technological and logistical revolution Oman phone number trade in standardized containers. computer programs capable of controlling the traceability of goods and the unification of commercial and logistical standards. such as the TEU measure. (the loading capacity of a 20-foot container) or barcodes. This image has the attribute high empty; his name is chuttersnap-9cces9sg6nu-unsplash.jpg CHUTTERSNAP (Unsplash) All this facilitated the fragmentation of production into stages. traceability and the possibility that complex procedures and components could be monitored regardless of distance or transport. In this way. the global production and supply chains emerged.
Which currently supply us with industrial goods such as clothing. cars. electrical appliances and telecommunications equipment. Between the 1970s and 2000s . more and more countries joined these international trade networks. Of particular note was the alliance between the People’s Republic of China and the United States ( Nixon ‘s famous visit to Mao in 1972) and the opening of so-called “special economic zones” in the 1980s . where China allowed companies. mixed with Chinese and foreign capital engaged in the import of machinery and the export of semi-finished goods.
This Image Has The Attribute
High empty; his name is zgc4uvsqtmj7sxo3wxh3ty4shi-1024×682.jpg Mao Zedong and Richard. Nixon at the home of the Chinese leader in 1972 (El País) Based on lower value-added levels (such as component assembly). China has integrated into global production chains. and since then the Asian giant has experienced the most significant economic growth in history. Surpassing its neighbors. Asians. Gradually. It was able to compete at the most sophisticated levels. Despite the reluctance of most multinationals to transfer its technology. When Chinese companies managed to produce high-tech goods (such as electric cars) with their own brands. The United States and other industrialized countries such as Germany stopped considering China as an ally and started a new one. cycle of competition and rivalry.
China has integrated into global production chains. and since then the Asian giant has. Experienced the most significant economic growth in history. On the other hand. if the language of containers and the first computer. Revolution were able to break the barriers of the Cold War . The advent of the Internet and the great digital platforms meant the erection of new walls. At the turn of the century. China set out to build its own digital platform that did not depend on the technology of large American companies. Especially in the computer. Internet. and telecommunications sectors. This trend was also in line with the Chinese government’s. Desire to regulate the ability of technology companies to take over state-owned functions.