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How much do you think it costs to make a pair of Nike shoes in Asia?

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Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#381

Post by Symbiote »

dom3k wrote: post #366
Symbiote wrote: post #320

Earlier quoted context omitted.

Metro ticket machines in Beijing won't sell a ticket until you've scanned an identity card. Tourists must wait at the ticket window. Foreigners aren't usually asked to show the passport unless they look Chinese.

No need to wait at no window. After you activate Alipay, just click on "Transport" and create a metro card for Beijing. Scan code on enter, scan on exit, pay the sweet low fare automatically. One app, 30+ cities.

"Activating Alipay" requires using an identity card or passport.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#382

Post by lanthissa »

rayiner wrote: post #42

Americans need to get over their view of “Asia” as being about making shoes. When I was working in engineering in the early aughts, we mocked the Chinese as being able only to copy American technology. Today, China is competitive with or ahead of America in key technology areas, including nuclear power, AI, EVs, and batteries. We need to anticipate a future where China is equal to America on a per capita basis, but f…

US wont end up in the situation that UK finds itself in because the land it occupies is some of the most productive land on earth and at a similar scale as china. The incredible wealth of america, is that its a land mass that in the old world would be supporting 500m-1.5b people, but is divided only amount 350m.

The city at the center of the Missouri and Mississippi if it were in europe would be a major civilization. In the US its saint louis. The US, CA, and AU have an option few countries do -- at any point they want nominal gdp growth all they have to do is open the door.

I agree with you though that china's incredibly impressive.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#383

Post by blitzar »

Symbiote wrote: post #228
tayo42 wrote: post #174

Earlier quoted context omitted.

That's been my current dream trip for a little. I think it woukd be so cool to ride the trains around the country and see what it's really like there. Learning the language is hard though

Remember to carry your passport at all times, as you'll need it to buy a train ticket. Even a simple metro ticket. You can also smile at the CCTV cameras, which are in groups every 100m or so within cities.

> You can also smile at the CCTV cameras, which are in groups every 100m or so within cities.

1/100th the amount of smiling at the CCTV cameras compared to the UK then.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#384

Post by [deleted] »

yapyap wrote: post #127
rayiner wrote: post #42

Americans need to get over their view of “Asia” as being about making shoes. When I was working in engineering in the early aughts, we mocked the Chinese as being able only to copy American technology. Today, China is competitive with or ahead of America in key technology areas, including nuclear power, AI, EVs, and batteries. We need to anticipate a future where China is equal to America on a per capita basis, but f…

> Americans need to get over their view of “Asia” as being about making shoes I’m not sure if you’re just speaking on what you experience or because of this post but the OP is a clothing guy so it makes sense he will look at it from a clothing (including shoes) perspective. I agree though, if Americans truly do see Asia as just the cheap clothing factory continent they’re sorely mistaken. All you have to do is to jus…

[deleted]

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#385

Post by FuriouslyAdrift »

missedthecue wrote: post #338
bboygravity wrote: post #289

Earlier quoted context omitted.

Except that that future of a big powerful China doesn't exist. Their birth-rate is 1. Game-over.

China will probably be the only country that solves this.

Considering their moves in Africa, I wouldn't be surprised if they bring the slave trade back.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#386

Post by FuriouslyAdrift »

bpt3 wrote: post #110
vlovich123 wrote: post #79

Earlier quoted context omitted.

> I think China missed their opportunity. I think so too prior to the Trump tarrifs. Now their influence abroad is picking up steam again, with former WW2 enemies now becoming trade allies. I think this has reinvigorated their opportunity.

China hasn't changed, as their new "partners" will be reminded of soon enough. I suspect they will squander the opportunity the US unforced error has provided, but we'll see.

Lesson I learned doing business with PRC over the decades: if you're not family, then you are an enemy. If you're not Han, then you're not human...

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#387

Post by palmotea »

jacknews wrote: post #150
palmotea wrote: post #67

Earlier quoted context omitted.

> i don't understand the obsession with jobs anyway > people don't want a job, they want money and purpose And society will not give them any of that without a job. There, now you should understand "the obsession with jobs." > most jobs barely deliver either And no job delivers even less .

then we should change society that is my point

> then we should change society

> that is my point

You're letting the perfect be the enemy of the good. Realistically, you're not going to change society to give people "money and purpose" without a job. Fixating on an unrealistic goal takes focus away from more realistic ones.

I mean, for a least a century people have been proposing using productivity improvements to increase leisure time and distribute goods more equally. And in that time work demands have increased (e.g. going from one full-time worker in a typical household to two).

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#388

Post by blitzar »

audunw wrote: post #355
phkahler wrote: post #314

I've always wondered why the supply chain has exponential price increase at each step. The example given (guessed at) is the factory produces the shoe for $12.5 and sells it to Nike for $25. Nike then sells it to Footlocker for $50 and they then sell to a customer for $100. Everyone expects to mark up their costs by about 100 percent. Why is that the case? Even if we say the markup isn't 100 percent, why is it a perc…

On thing you have to consider is the scale at which these shoes are sold at each step. From the factory they're processed and shipped in giant containers. The overhead of handling each shoe is fairly small at that stage. When it comes to the retailer, there's a huge increase in the amount of work and overhead for each shoe sold. And the labor cost for that work is much higher than on the Asian side of the supply chai…

Real estate is insanely expensive - you have to sell a lot of shoes with your "100% markup" to make rent.

The flip side however - e-commerce with its totally different cost structure and same traditional RRP as brick and mortar retail - should be - a gift from above for retailers.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#389

Post by gmueckl »

AndrewStephens wrote: post #360
myrmidon wrote: post #171

Earlier quoted context omitted.

> Fishing is less profitable for the whole UK than Warhammer. This sounded completely insane to me. I tried to look up numbers and found that Games Workshop brings in > 0.5 billion in revenue (!!), compared to all of UKs fisheries at 1 billion-ish (profit margins are, as you'd expect, pretty favorable for the plastic figurines that they don' even paint for you). Thanks for this interesting fact.

> Games Workshop brings in > 0.5 billion in revenue (!!) I had no idea that Warhammer was such a huge industry - they must sell almost 600 sets a quarter.

This is either a joke that flies over my head or there are a few zeroes missing. Which is it?

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#390

Post by niemandhier »

rayiner wrote: post #42

Americans need to get over their view of “Asia” as being about making shoes. When I was working in engineering in the early aughts, we mocked the Chinese as being able only to copy American technology. Today, China is competitive with or ahead of America in key technology areas, including nuclear power, AI, EVs, and batteries. We need to anticipate a future where China is equal to America on a per capita basis, but f…

Nope. Well maybe, if trumpism continues.

Point is: The best and brightest go where they think their life will be most fulfilling. Up to last year that was California for tech and New York for culture.

Even the Chinese think china is oppressive. https://en.wikipedia.org/wiki/Tang_ping#:~:text=Tang%20ping%...

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