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Not from my vantage point, I have many young contacts at companies in Shanghai. Lot of job cuts and putting 3 workers' efforts onto the head of the last remain
by the_resistence 7y ago
Not from my vantage point, I have many young contacts at companies in Shanghai. Lot of job cuts and putting 3 workers' efforts onto the head of the last remaining 1. Plenty of manual labor left...
- baybal2 7y agoEver been to factories of Chines white goods manufacturers? Haier, Midea (technically same Haier), Gree, Noritz and many others? None were "lights out," but I can say that the labour does not contribute more than 10% of their cost for them.