I don't disagree. However from the point of view of the manufacturer, spending more and getting less isn't a good deal. Contrast with the South Korean model where manufacturers spend more and also get more. Where would you prefer to put a factory?
I'm a big fan of putting factories close to the region where the goods are consumed. In the long run that would seem to make the most sense. Of course, short term economical factors and longer term trends are not always in harmony. As long as CEOs are judged by quarterly earnings reports this will likely remain.
