>Is "highly efficient manufacturing" a euphemism for low paid labor and slave labor? No, it might have once but Chinese labor isn't that cheap anymore. It mean

>Is "highly efficient manufacturing" a euphemism for low paid labor and slave labor? No, it might have once but Chinese labor isn't that cheap anymore. It means a well educated population, stable government, good infrastructure and other manufacturers in proximity. >They've also managed to pump out really cheap solar panels and EVs, but it's not clear to me how much of that is upgraded automation vs government subsidies. The price of solar panels has followed Wright’s Law for about 5 decades, there's nothing out of the ordinary about the last decade. If all the reduction in price was subsidies the Chinese government would be subsidizing about 90% of the price of every panel. Same thing for batteries.