☆ Yσɠƚԋσʂ ☆ to World NewsEnglish · 7 months agoDespite Chinese wages growing exponentially, China's share of global manufacturing also grew in the same period.imagemessage-square14fedilinkarrow-up183arrow-down15cross-posted to: news@hexbear.net
arrow-up178arrow-down1imageDespite Chinese wages growing exponentially, China's share of global manufacturing also grew in the same period.☆ Yσɠƚԋσʂ ☆ to World NewsEnglish · 7 months agomessage-square14fedilinkcross-posted to: news@hexbear.net
minus-squarekeepcarrot [she/her]@hexbear.netlinkfedilinkEnglisharrow-up20·7 months agoChina also makes it legally hard to move capital out of the country even if capitalists want to chase lower wages elsewhere. Good strategy. Money can still flow somewhat, but that factory isn’t going anywhere.
China also makes it legally hard to move capital out of the country even if capitalists want to chase lower wages elsewhere. Good strategy. Money can still flow somewhat, but that factory isn’t going anywhere.