Evan Davis Quotes

Just about everything I own was made in China. Just about everything you own was made in China, too.

As I've written before, China's ability to be the assembly line to the world wasn't where its role in the global economy ended; it was where it began. An ability to make products cheaper than anywhere else gave way to an ability to make high end products more nimbly than anywhere else.

During the boom years of the 1990s, globalization emerged as the most significant development in our national life. With NAFTA and the Internet and big-box stores selling cheap goods from China, the line between national and international began to blur.

The people who are banking on Oriental trade are bound to be disappointed. The United States cannot compete with foreign countries until we can manufacture products at a lower cost, which means cheaper labor

We should be doing more business with China. We should be better connected to the Chinese economy.

Certain product lines are more suited to be manufactured in proximity with the customer, while others are more suitable to be manufactured in India.

India is still considered a preferred destination for many multinationals to manufacture cost-competitive high-technology products for domestic consumption as well as for global demand.

An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers.

A lot of the economy is indeed being supplied by goods that are produced offshore. And much of the reason for that is societal.

Mexico has acquired unique experience during its integration into global value chains, especially in the automotive industry.

If you look at national economies today, for example, the American economy, the European economy, the Indians, the Chinese, we're all tied together. If one of them sinks, the rest are going to sink with them and if one floats, the rest are lifted up. I find that very interesting.

If the Chinese can't buy U.S. products, they'll buy them from European countries and then develop stronger economic ties with France and Germany and perhaps side more with those countries when international issues flare up.

We're part of a global economy whether we like it or not.

The key to our economic prosperity depends on increasing our contacts with Asian traders.

Most American flags are made in China as you know.

A trade war between the U.S. and China would hurt both countries, but there is reason to believe that the U.S. has more to lose. Today, 80% of global trade comprises international supply chains,” she writes. “Declining trade costs have allowed firms to splinter their production lines geographically, with goods processed and value added in multiple countries along the chain. If China threw a handful of sand in the gears of these chains, it could disrupt entire production networks, doing serious damage to the U.S….

International economic cooperation has delivered benefits to the United States and other countries that would have been impossible to attain otherwise.

China is a great manufacturing center, but it's actually mostly an assembly plant. So it assembles parts and components, high technology that comes from the surrounding industrial - more advanced industrial centers - Japan, Taiwan, South Korea, Singapore, the United States, Europe - and it basically assembles them.

These days, the manufacturing is controlled by a small number of countries, primarily Taiwan and South Korea.

Manufacturing all over the world has the benefit of efficiency. That's great. I support it.

The U.S. tends to export high-tech goods because we have strong comparative advantage there, and we tend to import labor-intensive and less skill-intensive goods that other countries can do more cheaply.

The fact is, there are far more customers for American products outside of the U.S. than there are here at home. With open markets and a level playing field, American workers can out-compete workers anywhere in the world.

It used to be that American and European companies built their products in low-wage countries, separated by great distances from the innovators who developed the products and the markets where they were sold. But companies increasingly find that is an outmoded way of doing business.

In international commerce, India is an ancient country-(19th October, 1899)

We spend trillions of dollars to travel around the world, but it's in everybody's interest that we have a better framework, and not just for the United States but for the entire world, in which to operate and trade.