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Because labors in China are extremely cheap. And they are getting cheaper and cheaper in last decade, despite the GDP growth.
by feverzsj 4mo ago
Because labors in China are extremely cheap. And they are getting cheaper and cheaper in last decade, despite the GDP growth.
- seizethecheese 4mo agoAs a hardware founder, I’ve seen the opposite until very recently. Labor cost has been going up much faster than inflation, at lease in hardware assembly. Do you have a source?
- AngryData 4mo agoChinas wages have been rising for decades and now many Made in China products are outsourced from China to produce. Your ideas about China feel a decade or so out of date to me.