4 ms·
Foreign companies in China will probably do fine as they live in the real world and not in the wild world of politics and speculation. https://www.bbc.com/news
by throwaway4good 4y ago
Foreign companies in China will probably do fine as they live in the real world and not in the wild world of politics and speculation.
https://www.bbc.com/news/business-64563855 https://www.bbc.com/news/business-64563855
US-China trade hits record high despite rising tensions
Trade between the US and China hit a record high last year even as their diplomatic relations deteriorated.
Imports and exports between the two countries totalled $690.6bn (£572.6bn) in 2022, official figures show.
- mtlmtlmtlmtl 4y agoReally not sure what trade relations between the US and China has to do with the very general strategic practice of placing factories in countries with low wages and limited worker rights, in order to cut costs.
- throwaway4good 4y agoChina is not the cheapest place in terms of labour costs. Hasn't been for decades. But my point is that contrary to the rhetorics and the politics, western countries hasn't stopped trading with China, actually the opposite has happened.