Manufacturing labour costs were $8.31 per hour in China last year, compared with less than $3 in places such as India, Thailand and Vietnam. - The Economist
looks at Mexico
Anyway, manufacturing in China is a low-skill role that employs a huge proportion of the market. In terms of social/cultural value, its closest parallel in the US would be the retail services sector.
They compete through lower worker protections / wages and environmental regulations than even the US.
Let’s not call exploitation “great work”.
looks at China
looks at Mexico
Anyway, manufacturing in China is a low-skill role that employs a huge proportion of the market. In terms of social/cultural value, its closest parallel in the US would be the retail services sector.