3 ms·
I'm just saying that the "China cheaper because dirty, bad quality copycat products" is in my view mostly an incorrect excuse; cheap labor and (sometimes) large
by myrmidon 1y ago
I'm just saying that the "China cheaper because dirty, bad quality copycat products" is in my view mostly an incorrect excuse; cheap labor and (sometimes) larger scale are (for now!) Chinese advantages that people love to ignore.
Being price-competitive with Chinese production then means either driving down local wages or inflating product costs, and there is absolutely no way around this (until you have heavy industry that literally builds itself).