So because one set of chinese are able to make bunch of counterfeit casio watches way cheaper than another set of chinese can make apple watches, the first one

So because one set of chinese are able to make bunch of counterfeit casio watches way cheaper than another set of chinese can make apple watches, the first one are more productive because both make watches that show time? Maybe there is a reason why another watch or another nursing service or another tv (at another time) is more expensive? Maybe the reason is that in the more expensive case they produce more value i.e are more productive? By the way, just started wondering why nobody is worried about the atrocious productivity development of CEOs over the last decades? Should shareholders maybe hire some consultants to advice the CEOs how they could make their work more efficiently that they could become cheaper?