> But China wants to make everything As long as a typical Chinese person is happy with a standard of living that is far below what an American expects, China w

> But China wants to make everything As long as a typical Chinese person is happy with a standard of living that is far below what an American expects, China will be way cheaper on labor. For most products, labor is a significant cost. For a lot of consumers, price is more important then where it's made. Maybe not what they say they think is important but when they actually decide. As a result, China will make almost everything, along with the rest of south east Asia. Basically, the lower price for products comes at the cost of exporting your own jobs. One is easy to reason about when making a purchase decision, the other is indirect and abstract. Which is why the former wins