How could the two largest economies in the world possibly have nothing to do with each other?
Like, in what practical sense do you imagine that they could actually be separated?
China’s economy is really just 1/3rd its size. The Chinese Communist Political Party wants you to think it has bigger economy and more people, so you can invest more of your money into China.
Brother, China is practically the world’s factory. Be for real.
many factories don’t need managers, as the workers know how to read and write already, so it reduces cost, and there is no need to locate factories half a world away in China.
Also, factories in China copy products and sell them for cheaper, with no respect for copyright ownership, as the factories don’t have official titles, and solely exist to make local politicians more money. Foreign factories wanting to sell in China cannot compete with Chinese factories that produce them and sell them for cheaper, especially when considering using free prison labor.
My statement wasn’t an argument, it was material reality.
many factories don’t need managers, as the workers know how to read and write already, so it reduces cost, and there is no need to locate factories half a world away in China.
OK, but why is it like that?
Also, factories in China copy products and sell them for cheaper, with no respect for copyright ownership
Do you think the western capitalists don’t know this? It’s a part of the bargain they make, albeit unofficially.
Foreign factories wanting to sell in China cannot compete with Chinese factories that produce them and sell them for cheaper, especially when considering using free prison labor.
This isn’t really the case, but say it was… You realize the United States has prison slavery literally codified in the constitution and we use that shit. There’s a reason why the US has 4% of the world population but 25% of the world’s prisoners. You have a different country to be more mad at over prison slavery.
Chinese prison labor don’t get salaries, so they are completely free labor, which helps fund China’s large prison system, besides selling prisoner, homeless, and kidnapped people’s organs for money.
People move their factories to China to sell to Chinese people, not to have the world be flooded by cheaper versions of their products manufactured by the Chinese.