How is extraction/refinement of materials much cheaper in China? I have been told they are reaching wage parity with the west, so not labor cost. Reuters agre

How is extraction/refinement of materials much cheaper in China? I have been told they are reaching wage parity with the west, so not labor cost. Reuters agrees with op: https://www.reuters.com/world/china/chinese-goods-dumping-started-before-tariffs-ecb-study-finds-2025-11-11/ https://www.reuters.com/world/china/chinese-goods-dumping-st...