4 ms·
Interesting that when I was living in China, I could not buy there things manufactured in China!! I had to go to US or Europe in order to buy them and them mov
by pipio21 10y ago
Interesting that when I was living in China, I could not buy there things manufactured in China!!
I had to go to US or Europe in order to buy them and them move again to China with it because most factories directly export what they manufacture.
Automating something in the US or Europe is probably cheaper than in China because of the educated people there is much better prepared than in China.
The huge difference is in basic commodities cost. China is so huge and dense(great basic markets) but with great fluvial communications(cheap transport), cheap energy from coal, and growing immensely.
Most of the US is sparsely populated by comparison. The industry hubs are not as enormous as in China.