I guess one of the reasons they are where they are is centralized planning through CCP, very cheap labor and possible really bad working conditions. Take those out of equation and who knows what happens, but it most certainly won’t be good for the consumer. That said I really do hope they improve their work conditions.
Pretty sure the primary driver is the cheap labor. The poor working conditions kinda go hand in hand with that. However, with a shift toward domestic Chinese firms directly dependent on domestic Chinese labor, that gives the workers there a ton more leverage versus when it’s western corporations that can threaten to move elsewhere. A win for Chinese workers is a win for all of us.
I guess one of the reasons they are where they are is centralized planning through CCP, very cheap labor and possible really bad working conditions. Take those out of equation and who knows what happens, but it most certainly won’t be good for the consumer. That said I really do hope they improve their work conditions.
Pretty sure the primary driver is the cheap labor. The poor working conditions kinda go hand in hand with that. However, with a shift toward domestic Chinese firms directly dependent on domestic Chinese labor, that gives the workers there a ton more leverage versus when it’s western corporations that can threaten to move elsewhere. A win for Chinese workers is a win for all of us.