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> American entrepreneurs are the best thing that has happened to China in centuries. American business is a significant reason China was so poor to start with.
by hackuser 11y ago
> American entrepreneurs are the best thing that has happened to China in centuries.
American business is a significant reason China was so poor to start with. To understand China, I recommend reading what is meant by the 'century of humiliation'.
> There was no alternative than to pay them cheap wages to start.
They can pay less than American-level wages, and yet still pay a living wage and provide safe, reasonable working conditions.
> the primary exploiters of cheap Chinese labor, are the 200 Chinese billionaires
That someone else does wrong doesn't justify doing it yourself. Otherwise, everyone's standard is whatever the worst do.