Interesting partnership... it definitely makes sense. Countries need to understand that investing in their own infrastructure might be the best investment they can make (something Korea learned early on).
If they decide to sell their minerals and get cash or bonds, while it's money -- maybe they won't know how to invest it efficiently (and end up losing part of it in bureocracy - to say it nicely).
I know they aren't being forced, in the strick sense of the word. But when we think of developing countries, in most cases, we should also associate it with lack of long term vision and that makes them think that they money they can get now is what matters.
If a govmnt has a careful plan, it might realize that it's better for them to not export something and have it, at a lower price, to promote local industries. If not, they will only have the $ obtained from the sale, no long term progress in that.
I guess in terms of feeding Chinas Commodities, China is facing a bigger problem, their economy is getting stronger and it will become less attractive for invesment, few Years ago their R&B was 8 to 1 against the US dollar, Now is around 6 to 1, what this means is that investors will have to spend more money to make bussiness with China, what is forcing to look else where.
seems like soon we will have an ew player on OEM / ODM partnership.
Exctly, there's no local industry... but maybe it's because steel is so expensive!
It's a question of policies, and maybe a 10-yr strategy. Build local industries with the local supplies (no export) and after that, export to the current market price (which will be higher because of scarcity - due to the local-only policy).
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.