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So? The labor was cheap. And the rules were, shall we say flexible. The US was number one. The rules came, the cost went up and it moved. Look at my other post
by myrandomcomment 9y ago
So? The labor was cheap. And the rules were, shall we say flexible. The US was number one. The rules came, the cost went up and it moved.
Look at my other post. One of the startups I worked at moved out of China because of the cost got to high.
Its a cycle. As they become more open, more western and more regulated it will change again.
- tchaffee 9y agoParent post claims China leads the world in nothing. Which is clearly wrong. No need to go beyond that.
- myrandomcomment 9y agoReply was to: tchaffee 2 hours ago [-] "Leads the world in absolutely nothing... #1 manufacturer in the world." Which was correct. I think you got it wrong.
- tchaffee 9y agoI don't think I got it wrong. My point was only to correct the original claim that China leads the world in absolutely nothing. If you're not impressed with China being #1 at one of the most important economic sectors in the world, and you want to explain it away, then carry on. I'm not super interested in that convo because I do lots of business with China and already understand the situation intimately and have far better resources than HN comments for learning what's actually happening there. Not meant to be mean spirited, I'm just not interested unless you do business there and have contacts there up to the highest levels of government in which case, let's talk and I might even pay for good info.
- myrandomcomment 9y agoRan Asia for my last 2 startups. I know what I am talking about. I do 120k miles a year from SFO to around Asia. I can read ~1000 Hànzi. My comment was that they are number #1 because of timing and place in their development cycle and it like everything is subject to change. It is really that simple. I wish them all the luck.
- tchaffee 9y agoOf course it's a fair point to say things will change... I just wouldn't write off their accomplishment of #1 as simply or only timing and place. There are many factors, and it's also accurate to say the Chinese are actually better than the rest of the world at some things.