121–130 of 172 posts
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I am neither US nor chinese but I know that 3$/h is not a rate I wish anyone these days. Anywhere. Simple, eh?
China is technically communist right? Shouldn't they be being taken care of by the state anyways? edit: This is an honest question.
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I want a tour of your dorms and factories. Can you post pics of a bunch of the buffet meals, please?
Here's a tour of a few factories in Shenzhen that I made when I began doing my factory search for my company, http://pavlok.com http://www.youtube.com/watch?v=S0_blmix2IU
For some industries the USA is and has for some time been a bit lower cost for manufacturing than China. Labor costs are only part of the equation- you also have to take into account transportation costs, energy costs, costs of obtaining capital, etc. all weighed against political, scheduling, and quality risks. For my own industry (specialty machine vision systems) outsourcing to China is almost not worth the troubl…
You left out the biggest cost of all: technology theft. The Chinese government wants its manufacturers to watch for technologies that could be of economic or military value and to pass them on to relevant Chinese organizations for use. When the local Party leader's son starts producing your "specialty machine vision systems" in his factory down the road, are you going to go to the Party-controlled court and sue him?…
Or plain old fashioned outright theft. I did business for a few years with a Chinese supplier, the contact was made from a (local Chinese) reliable friend of many years who did international business so had contacts. After two years of a pretty seamless business relationship, one day the supplier decided to simply disappear with the $45k deposit on an order.
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> China was able to get a leg up through dirty coal and oil operations, but there are consequences to this. No different to anywhere else in the world, just that it happened more recently.
Source? I am honestly curious. I know for example that the US was very dirty in the early 1900s, but we had 100 million people. If China was dirty in the 2000s with 1.3 billion people, it stands to reason that China was more dirty, no?
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I want a tour of your dorms and factories. Can you post pics of a bunch of the buffet meals, please?
Here's a tour of a few factories in Shenzhen that I made when I began doing my factory search for my company, http://pavlok.com http://www.youtube.com/watch?v=S0_blmix2IU
For years, I wanted to do business(small quantities at first) in China, but always chicken out when I start to think about the risk of fraud.
Do you know of any service that vets these factories, and is not subject to payoffs? I guess you need to travel there if a big order is on the table.
But the US labor force is increasingly composed of African Americans (average IQ of 86) and Hispanics (90) [1], versus Chinese labor force consisting of Han Chinese (average IQ 106). Thus it still has no competitive advantage. 1. http://www.rlynn.co.uk/
Source? Because I'm calling bullshit on those figures, IQ tests are notoriously unreliable across cultural and societal boundaries. Hell even across economic boundaries within the same society.
That's irrelevant. What matters is what they _are_ reliable for.
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Export post from China is heavily subsidised.
Mostly by the postal services in the recipient country actually: "If you buy the cheap goods from abroad today, you can often get them shipped "free" around half the planet and to your home. It may be cheaper to order a remote control with batteries from China and throw the remote away, rather than going to the store and buying a pack of batteries. That this may be a problem for local businesses is obvious, but the r…
Which only further incentivizes people to buy the item from China instead of domestically.
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> Some of their cities are today near uninhabitable, some are just unbearably smoggy. I remember hearing about an 8-year old girl suffering from lung cancer. This is very sad http://www.theguardian.com/environment/chinas-choice/2013/no... Recently read a story in Rolling Stone on pollution in Vernal Utah from fracking. http://www.rollingstone.com/culture/features/fracking-whats-... Many high risk wells in the US are…
Rolling Stone has less than zero credibility at this point.