Then move production to somewhere else. Mexico and Central America would be my first choice, hell its probably cheaper too since ya save on transport expenses.
Still expensive than manufacturing in China, I didn’t have the exact number but the only god big capitalists obey it’s money. Even Apple manufactures its products in China, if Apple does so there is no other viable option to maximize profits.
Edit: I can’t predict the future but as I see it, big uncontrolled corps greed will have big consequences in the future.
And how much of that is actual price versus, subsidized price? China has a geopolitical interest in maintaining the status qou, but based of the gradual shift towards places like Vietnam I suspect the only reason its still cheaper in China is subsidies. And well I dont factor that into my math, mostly cause its a soft factor that can be eliminated.
Industrial subsidies, they are pretty standard but as I understand it China is rather generous with them. But when China runs into problems I dont think they are solvent enough to keep them up.
We really shouldnt be trading with China IMO, better to start cutting off that gangrenous limb as soon as possible.
Pretty hard, big corps want to cut expenses to maximize profits, and there is no alternative to China prices on labor and supply chains.
Then move production to somewhere else. Mexico and Central America would be my first choice, hell its probably cheaper too since ya save on transport expenses.
Still expensive than manufacturing in China, I didn’t have the exact number but the only god big capitalists obey it’s money. Even Apple manufactures its products in China, if Apple does so there is no other viable option to maximize profits.
Edit: I can’t predict the future but as I see it, big uncontrolled corps greed will have big consequences in the future.
And how much of that is actual price versus, subsidized price? China has a geopolitical interest in maintaining the status qou, but based of the gradual shift towards places like Vietnam I suspect the only reason its still cheaper in China is subsidies. And well I dont factor that into my math, mostly cause its a soft factor that can be eliminated.
What kind of subsidy? Like the Chinese state paying an UBI?
Industrial subsidies, they are pretty standard but as I understand it China is rather generous with them. But when China runs into problems I dont think they are solvent enough to keep them up.