Business Quote by Paul Craig Roberts
“By offshoring the production of their products, U.S. corporations transferred technology, physical plant, and business knowhow to China.”
About This Quote
Source Speech: Economic Commentary, 2005
U.S. firms moved production abroad, giving China technology and expertise, boosting its industrial base.
In simple terms: U.S. offshoring gave China tech and knowhow.
Key Takeaway
Consider impacts of offshoring on domestic innovation.
Themes
globalization
technology transfer
industrial policy
Mood
analytical
critical
Type
economic
political
When to use this quote
- manufacturing decisions
- policy debates
- business strategy
- international trade
Key Concepts
Economic development
strategic assets
Questions to Reflect On
- How does offshoring affect long‑term competitiveness?
- What safeguards can protect domestic tech?
A Different Perspective
Offshoring can also erode domestic capabilities if not managed.
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