VOICED : In Ohio China is a friend and foe

The video discusses a Cleveland startup's journey in designing a low-cost motorcycle and its partnership with Chinese factories due to lack of local manufacturing support. It highlights the complexity of US-China relations, emphasizing mutual dependence in business and trade. The video also addresses the challenges faced by local manufacturers due to competitive imports and the potential benefits of paying more for locally made products. Finally, it outlines future plans to bring motorcycle production back to Cleveland, creating local jobs.

Why did the Cleveland startup partner with factories in China?

• They wanted to expand their business internationally.

• They couldn't find manufacturing partners in the US.

• They were looking for cheaper labor costs.

• They wanted to improve the quality of their motorcycles.

What is a key aspect of the US-China economic relationship?

• The US is trying to reduce all trade with China.

• Both countries benefit economically from each other.

• The US does not export any goods to China.

• China only imports goods from the US.

What percentage of American exports go to China?

• 15% to 20%

• 5% to 10%

• 25% to 30%

• 35% to 40%

What challenge does Clyde's company face due to US-China trade?

• Lack of demand for their products.

• Difficulty in finding local suppliers.

• High tariffs on exports to China.

• Competition with low-cost imports.

What future plan does Jonathan have for his motorcycle business?

• To expand his business to Europe.

• To continue manufacturing in China.

• To start building bikes in Cleveland.

• To sell his business to a Chinese company.