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How about we start producing items in our home country and stop the slobbering love affinity for Chinese industry. That's how to save the world and your bank.
17 Comments
  1. Avatar
    Isn't there a global shipping container shortage right now? No wonder this thing is free!
  2. Avatar
    How about we start producing items in our home country and stop the slobbering love affinity for Chinese industry. That's how to save the world and your bank.
  3. Avatar
    Kernell04/01/2022 07:25

    How about we start producing items in our home country and stop the …How about we start producing items in our home country and stop the slobbering love affinity for Chinese industry. That's how to save the world and your bank.


    The cost of uk produced goods would be very very high, sure it would cut down on the more frivolous purchases but hit many less well off people very hard on the non-frivolous purchases...
  4. Avatar
    afroylnt04/01/2022 11:39

    The cost of uk produced goods would be very very high, sure it would cut …The cost of uk produced goods would be very very high, sure it would cut down on the more frivolous purchases but hit many less well off people very hard on the non-frivolous purchases...



    That's true because we don't have leaders that want to do anything. remove the unnecessary burdensome regulations, tax codes, and stealth green taxes.
    But then, there is a strong lobbying group that benefits from importing from China.
  5. Avatar
    afroylnt04/01/2022 11:39

    The cost of uk produced goods would be very very high, sure it would cut …The cost of uk produced goods would be very very high, sure it would cut down on the more frivolous purchases but hit many less well off people very hard on the non-frivolous purchases...


    Comes down to maxium profits and shear greed somethings should be imported but we relay too much on other countrys for resources that should be keept in house
  6. Avatar
    Kernell04/01/2022 11:51

    That's true because we don't have leaders that want to do anything. remove …That's true because we don't have leaders that want to do anything. remove the unnecessary burdensome regulations, tax codes, and stealth green taxes.But then, there is a strong lobbying group that benefits from importing from China.



    RedRain04/01/2022 11:58

    Comes down to maxium profits and shear greed somethings should be …Comes down to maxium profits and shear greed somethings should be imported but we relay too much on other countrys for resources that should be keept in house


    It's down to balance. So for example some PPE should be manufactured in the UK but the majority sourced elsewhere. The UK produced would be much more expensive but would benefit the UK in times of crisis when sourcing from abroad may not be possible.

    More expensive goods will have an impacted of reduced spend e.g. on pubs/restaurants & other sectors etc so if we made more of our own goods then the economy is likely to shrink as well.
  7. Avatar
    afroylnt04/01/2022 12:23

    It's down to balance. So for example some PPE should be manufactured in …It's down to balance. So for example some PPE should be manufactured in the UK but the majority sourced elsewhere. The UK produced would be much more expensive but would benefit the UK in times of crisis when sourcing from abroad may not be possible.More expensive goods will have an impacted of reduced spend e.g. on pubs/restaurants & other sectors etc so if we made more of our own goods then the economy is likely to shrink as well.


    I respectfully disagree with that.
    Cars produced in the UK aren't as much expensive as those imported from abroad.

    There are a whole bunch of reasons why products cost more to make.


    More expensive goods will have an impacted of reduced spend e.g. on pubs/restaurants & other sectors etc so if we made more of our own goods then the economy is likely to shrink as well.

    That's actually the point that has been made by lobbyists into scaring politicians from skirting from this issue.

    I agree that it's impossible to make everything here in the UK, tax incentives and regulations goes a long way in making goods less expensive. The UK still have a good manufacturing base.

    In the past the argument was their weren't enough workers to make goods, the people making these arrangements were on the other hand making a fortune by laying the foundation of the manufacturing sector in China. I'm talking of McKinsey management consultant group.
  8. Avatar
    Kernell04/01/2022 12:42

    I respectfully disagree with that.Cars produced in the UK aren't as much …I respectfully disagree with that.Cars produced in the UK aren't as much expensive as those imported from abroad.There are a whole bunch of reasons why products cost more to make. More expensive goods will have an impacted of reduced spend e.g. on pubs/restaurants & other sectors etc so if we made more of our own goods then the economy is likely to shrink as well.That's actually the point that has been made by lobbyists into scaring politicians from skirting from this issue.I agree that it's impossible to make everything here in the UK, tax incentives and regulations goes a long way in making goods less expensive. The UK still have a good manufacturing base.In the past the argument was their weren't enough workers to make goods, the people making these arrangements were on the other hand making a fortune by laying the foundation of the manufacturing sector in China. I'm talking of McKinsey management consultant group.


    We agree to disagree. Majority of Uk manufactured items will be more expensive.

    Cars might be one of the exceptions but I thought they used allot of imported parts.
  9. Avatar
    afroylnt04/01/2022 12:50

    We agree to disagree. Majority of Uk manufactured items will be more …We agree to disagree. Majority of Uk manufactured items will be more expensive.Cars might be one of the exceptions but I thought they used allot of imported parts.


    It may be more or less expensive. Technology and manufacturing processes have moved on a lot.
    Cars is the exception because of the sweet heart deals. Yes they do use lots of imported parts, same with every other industry.
    Edited by: "Kernell" 4th Jan
  10. Avatar
    Nonamenonumber04/01/2022 13:07

    Comment deleted


    Not false, if you understand economics and the politics leading to China being admitted to the WTO. The British Have been living at a higher standard way before China became the workshop of the world.


    The people that require PPE to work and live safely cared about PPE pre pandemic.
    In fact there has been a whole warning about these many years prior the pandemic.
  11. Avatar
    Kernell04/01/2022 13:52

    Not false, if you understand economics and the politics leading to China …Not false, if you understand economics and the politics leading to China being admitted to the WTO. The British Have been living at a higher standard way before China became the workshop of the world. The people that require PPE to work and live safely cared about PPE pre pandemic. In fact there has been a whole warning about these many years prior the pandemic.



    Kernell04/01/2022 13:52

    Not false, if you understand economics and the politics leading to China …Not false, if you understand economics and the politics leading to China being admitted to the WTO. The British Have been living at a higher standard way before China became the workshop of the world. The people that require PPE to work and live safely cared about PPE pre pandemic. In fact there has been a whole warning about these many years prior the pandemic.


    Agree re PPE; UK 2016 pandemic impact study that stated UK had a woefully inadequate amount of PPE stock pilled.

    Cheaper Chinese imports has increased the standard of living but some goods or a proportion of them should try to be made in the UK.
  12. Avatar
    I guess there are multiple factors involved.

    Production closer to where the raw materials are sourced from,
    availability of skilled manpower,
    assuming other monotonous work is automated etc.,
    stability of the region of manufacture
    regulations of the target market in relation to the country of production
    And more...
  13. Avatar
    afroylnt04/01/2022 14:23

    Agree re PPE; UK 2016 pandemic impact study that stated UK had a woefully …Agree re PPE; UK 2016 pandemic impact study that stated UK had a woefully inadequate amount of PPE stock pilled.Cheaper Chinese imports has increased the standard of living but some goods or a proportion of them should try to be made in the UK.


    The issue is, why are these products cheaper to be made in China. Again, in goes back to China joining the WTO.
    Concessions was made by the West, in terms of China opening up what was predicted then to be a large markets. Which mostly never materialise as they get walked away with big wins and we have almost nothing.
  14. Avatar
    Kernell04/01/2022 14:27

    The issue is, why are these products cheaper to be made in China. Again, …The issue is, why are these products cheaper to be made in China. Again, in goes back to China joining the WTO.Concessions was made by the West, in terms of China opening up what was predicted then to be a large markets. Which mostly never materialise as they get walked away with big wins and we have almost nothing.


    Some of the key reasons China can manufacture cheaper is land values, lower wages/fuel costs etc, possibly cheaper loans from Chinese gov backed banks etc. It's probably true that China are not that likely to want to import and do copy some products.
  15. Avatar
    afroylnt04/01/2022 15:06

    Some of the key reasons China can manufacture cheaper is land values, …Some of the key reasons China can manufacture cheaper is land values, lower wages/fuel costs etc, possibly cheaper loans from Chinese gov backed banks etc. It's probably true that China are not that likely to want to import and do copy some products.


    Enter zero labour laws, unenforceable regulations, low tax etc.

    Nothing stopping us from enacting low tax and scrapping most of the regulations that are strangling innovation and enterprise.
  16. Avatar
    Why would I want to save a bank?
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