Companies care about profits. And if labor is cheaper in China than it is in America…
Our factories won’t be coming home any time soon, right?
First of all, the idea that China’s labor is cheap is a myth…
Chinese wages have been rising by 15% every year — for the past two decades.
And between 2009-2011, they went up almost 50%…
Today, they’re about 4-times higher than what they were back in 2001.
That’s why Harley Seyedin, president of the American Chamber of Commerce in South China, agrees: "The era of cheap labor in China is over."
On top of that, there’s also the cost of inventory, delivery, duty and transport — which has also been on the rise for a while.
And don’t forget the time it takes for shipments to arrive in America…
Before the pandemic, it took up to 6 weeks for Chinese cargo to reach our soil.
Now… who knows…?
When you look at the whole picture, the cost gap between China and the US is a measly 4% — at most.
Which means, the upside of keeping our production overseas is virtually zero.
And the downside? It’s outright dangerous.
In fact, American companies have been desperate to get out of China for years…
But they really didn’t have a choice.
Ralph Gomory, who used to head the Sloan Foundation once said:
“As a director, I’m incentivized to do exactly the wrong thing for the USA... and I’m going to vote to put everything in China, because I have no choice.”
A former high-level executive at Apple tells a similar story:
“Factories in Asia can scale up and down faster... and [their] supply chains have surpassed what’s in the U.S. The result is that we can’t compete at this point...”
That’s why Project Xi was created.
I’ve described it as a kind of “economic weapon.”
But for American companies, it is really more of a rescue mission…
Because thanks to this ground-breaking technology… started in the Oak Ridge National Lab…
Our factories will soon become competitive again, much faster and cheaper than ever before. Right here, on our soil.
Look, the more I dig into Project Xi…
The more excited I get. Both as an American... and as an investor.
There’s a huge opportunity to make money here. Even bigger than I first thought…
You see, my specialty is finding lucrative tech investments that are just about to go mainstream. Not in the next 5, 10, or 15 years. But in the near future…
And this innovation is one of those incredible finds. The timing couldn’t be better…
Mark my words: In the coming months …
Virtually every business in America will be in a rush to transition to this new technology. Because without it companies just won’t be competitive anymore.
It will transform businesses globally…
In the same way the steam engine ushered in the First Industrial Revolution…
And electrical power made the Second Industrial Revolution possible…
Or, more recently, computers and digitization lead to the Third Industrial Revolution.
And if you know where to invest, this new technology could make you a fortune...
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