Topic updates
Comparative Advantage: China (Finally) Masters the BallPoint Pen
3rd February 2017
This is a vivid illustration of the growth challenges facing China as it seeks to move away from "Assembled in China" to "Designed and Made by China."
China manufacturers nearly 40 billion ballpoint pens a year (the video is a brilliant clip on economies of scale) but it has taken them years to master the manufacturing of one absolutely key component part!
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