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Apparently US labor is cheaper then Chinese. Wow!

• adventured 9y ago
  Almost correct. It's the overall cost equation that is important, not just labor though. "U.S. Manufacturing costs are almost as low as China’s, and that’s a very big deal" http://fortune.com/2015/06/26/fracking-manufacturing-costs/ http://fortune.com/2015/06/26/fracking-manufacturing-costs/ "These days, China's labor costs are only 4% cheaper than those in the U.S. when productivity is factored in, according to Oxford Economics. " http://money.cnn.com/2016/03/17/news/economy/china-cheap-labor-productivity/index.html http://money.cnn.com/2016/03/17/news/economy/china-cheap-lab...