China and decoupling from 'factory China'
Said that China is indispensable to global supply.
China makes way more stem graduates (now needed by others). So many production facilities (Japan also has quite a lot). Apple's supply chain. China wants foreign firms there (like Apple). Provinces compete for this business.
Per capita disposable income is way up steadily in the last 10 or 15 years.
"China plus one" strategy. Vietnam, India, Mexico, Indonesia, Malaysia. But no country can do what China does.
