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"Why so much focus on labour costs" Because the other things you mentioned - i.e. 'capital investments' - China does not have a huge advantage in. Yes, they ha
by edblarney 10y ago
"Why so much focus on labour costs"
Because the other things you mentioned - i.e. 'capital investments' - China does not have a huge advantage in. Yes, they have 'government participation' but US companies have access to capital, low interest rates, yada yada.