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But those skills are expensive because the same skill level person in the US has a different pay than the person in China. I don't think that's true, or at lea
by twoodfin 11y ago
But those skills are expensive because the same skill level person in the US has a different pay than the person in China.
I don't think that's true, or at least, not true for the vast majority of workers.
A typical US manufacturing worker is an order of magnitude more productive (a good, if imperfect, proxy for skill) than a Chinese one, and if anything is underpaid for the value they provide. China just has massively more labor available.