How to compete against China?

[Captain Caveman]

Minimum wage in China - Wikipedia

en.m.wikipedia.org

Minimum wage in China varies from $1.38 to $3.59, and they churn out junk.

So there's just this circle of cheap crap, newer generations just focused on price, chuck away society, child/forced labour, up roar if tariffs are mentioned.

So how does Western nations break this cycle of Chinese junk deprivation?

 

[pknopp]

How? Look beyond war and the next P&L statement when deciding how to act.

It's not because Chinese workers make less. On top of production costs you have to add shipping costs and those people are not poorly paid.

 

[Harpy Eagle]

Minimum wage in China - Wikipedia

en.m.wikipedia.org

View attachment 985634


Minimum wage in China varies from $1.38 to $3.59, and they churn out junk.

So there's just this circle of cheap crap, newer generations just focused on price, chuck away society, child/forced labour, up roar if tariffs are mentioned.

So how does Western nations break this cycle of Chinese junk deprivation?

While they do make some junk, they also make some of the best things in the world.

 

[JackOfNoTrades]

Minimum wage in China - Wikipedia

en.m.wikipedia.org

View attachment 985634


Minimum wage in China varies from $1.38 to $3.59, and they churn out junk.

So there's just this circle of cheap crap, newer generations just focused on price, chuck away society, child/forced labour, up roar if tariffs are mentioned.

So how does Western nations break this cycle of Chinese junk deprivation?

Stop buying it. ^Shrug^.

 

[Harpy Eagle]

How? Look beyond war and the next P&L statement when deciding how to act.

It's not because Chinese workers make less. On top of production costs you have to add shipping costs and those people are not poorly paid.

Yep. We will never compete against China while spending trillions on wars in places like Iraq and Afghanistan

 

[Oddball]

It's not because Chinese workers make less.

Uyghurs in slave labor concentration camps were unavailable for comment.

 

[Mac-7]

Minimum wage in China - Wikipedia

en.m.wikipedia.org

View attachment 985634


Minimum wage in China varies from $1.38 to $3.59, and they churn out junk.

So there's just this circle of cheap crap, newer generations just focused on price, chuck away society, child/forced labour, up roar if tariffs are mentioned.

So how does Western nations break this cycle of Chinese junk deprivation?

Dont buy china’s stuff

 

[JackOfNoTrades]

Yep. We will never compete against China while spending trillions on wars in places like Iraq and Afghanistan

You would still have to bring the bulk of manufacturing back home to make it work. And pay people a living wage in a country where home prices and rents are reaching absurd prices..all while wage stagnation rambles onward.

 

[Oddball]

Minimum wage in China - Wikipedia

en.m.wikipedia.org

View attachment 985634


Minimum wage in China varies from $1.38 to $3.59, and they churn out junk.

So there's just this circle of cheap crap, newer generations just focused on price, chuck away society, child/forced labour, up roar if tariffs are mentioned.

So how does Western nations break this cycle of Chinese junk deprivation?

Slave labor has a minimum wage of ZERO.

 

[pknopp]

Uyghurs in slave labor concentration camps were unavailable for comment.

The argument here seems to be that we need to do the same to compete. Is that your position?

 

[Harpy Eagle]

You would still have to bring the bulk of manufacturing back home to make it work. And pay people a living wage in a country where home prices and rents are reaching absurd prices..all while wage stagnation rambles onward.

We do not need to "out produce" China, or any other country and will never be able to. China is starting to price itself out of the market like Japan did and India will take its place.

Focus on high end, strategic items and let other countries make the rest for us.

 

[Oddball]

The argument here seems to be that we need to do the same to compete. Is that your position?

Who the fuck is "we"?

And no that's not my position.

 

[Manonthestreet]

Yep. We will never compete against China while spending trillions on wars in places like Iraq and Afghanistan

We won't ever compete with public school morons who only know their diversity score and who to hate

 

[Harpy Eagle]

We won't ever compete with public school morons reho only know their diversity score and who to hate

What is a "reho"?

 

[pknopp]

We do not need to "out produce" China, or any other country and will never be able to. China is starting to price itself out of the market like Japan did and India will take its place.

Focus on high end, strategic items and let other countries make the rest for us.

Where I worked tried to move some production from here to China. They spent a lot of money creating the facilities. The process was labor intensive.

We sent people over there to train them on making this product. They refused to do the work. They understood how much we made to make this product and what they were getting paid and simply refused to do it.

It is still being made here. End users are still buying it.

I absolutely hated sitting through meetings where the emphasis was on "Shareholder value".

 

[pknopp]

Who the fuck is "we"?

And no that's not my position.

Dude, pay attention where you are posting.

 

[Oddball]

Dude, pay attention where you are posting.

Dude, quit making absurd presumptions about what I'm saying.

 

[Mac-7]

We do not need to "out produce" China, or any other country and will never be able to. China is starting to price itself out of the market like Japan did and India will take its place.

Focus on high end, strategic items and let other countries make the rest for us.

If economics is you only consideration then china will continue to produce most of the worlds consumer goods for many years into the future

But we have to break their dominance for security reasons also

 

[JoeB131]

Minimum wage in China varies from $1.38 to $3.59, and they churn out junk.

So there's just this circle of cheap crap, newer generations just focused on price, chuck away society, child/forced labour, up roar if tariffs are mentioned.

So how does Western nations break this cycle of Chinese junk deprivation?

Who says we have to. Yes, you can save on cost by going to China, but you won't get the same level of service or quality.

By comparison, 60 years ago, Japan was in the same boat China is in now. "Made in Japan" meant cheap quality. Today, it means superior quality because the Japanese engage in process improvement.

China is actually getting better in terms of quality (mostly because their customers demand it) but if you have to wait six months to get your product, you aren't going to have the same service level.

The reality is, we are in a global economy, and we need to look to improve our own industries to make them more competitive.

Up until 1720, China was the world's biggest economy. It was overtaken by the UK , which was eventually overtaken by the US, but now China is reasserting itself as the biggest.

To which I say, "So what?" Has no real effect on my life if we are number one or number two.

 

[JoeB131]

If economics is you only consideration then china will continue to produce most of the worlds consumer goods for many years into the future

But we have to break their dominance for security reasons also

Why?

Frankly, China isn't the bad actor here, we are.

China goes into countries and helps them build roads and ports.

We go into countries and bomb them because they pick forms of government we don't like.

I'd go into detail, but I don't think I can overcome your learning disability.