I remember seeing a chart a while back that said the actual cost of manufacturing in China is roughly the same as in the US, one has much lower labor costs and

I remember seeing a chart a while back that said the actual cost of manufacturing in China is roughly the same as in the US, one has much lower labor costs and the other much lower energy costs. At the time at least it was posited the benefit of China manufacturing was co-location of suppliers and shorter supply chains. edit: [1] lists a BCG report from roughly when I was thinking and references a slightly earlier Bloomberg article [2]. Personally, I think China just has much better infrastructure, - in general - and specifically manufacturing, export and logistics. There's also momentum. [1] https://www.sellerlabs.com/blog/chinese-manufacturing-affordable/ https://www.sellerlabs.com/blog/chinese-manufacturing-afford... [2] https://www.bloomberg.com/news/articles/2014-04-25/china-vs-dot-the-u-dot-s-dot-its-just-as-cheap-to-make-goods-in-the-usa https://www.bloomberg.com/news/articles/2014-04-25/china-vs-...