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When Chen Mingxu was a boy, U.S. businessmen poured into rural China, welcomed with tax breaks and steamed turtle. Thirty years later, in a kind of reverse migration, Chen finds himself in southwestern Alabama smiling wanly over bacon-wrapped meatloaf and banana pudding.
Chen, who employs about 200 locals, manages the first U.S. factory built by Golden Dragon Precise Copper Tube Group Inc. with a $120-million investment in Wilcox, one of the poorest counties in Alabama. The state coughed up around $20 million, outbidding dozens of other cities and states hoping for the jobs and investments.
That's more proof that China's getting too expensive to make stuff at home.
It's more complicated than that. Chinese companies are building factories here for the same reasons that US companies build factories in China. It's easier to participate in a market if you locate yourself within that market.
I wonder how much the EPA burdens apply to the China owned company vs if it was owned by a US firm.
Also, according to Apple and Dell and other tech companies, the failure rate of assembled electronic components made in China is about 3x that of American workers, at one point that was acceptable with the Chinese labor market, Apple has already publicly projected that within 3 years that advantage will disappear.
I wonder how much the EPA burdens apply to the China owned company vs if it was owned by a US firm.
Good question. I'd hope it wouldn't matter.
Unfortunately, though, American environmental and labor regs are under attack, due to some of the international trade agreements the US is party to. This may be a losing battle.
Quote:
Originally Posted by armourereric
Also, according to Apple and Dell and other tech companies, the failure rate of assembled electronic components made in China is about 3x that of American workers, at one point that was acceptable with the Chinese labor market, Apple has already publicly projected that within 3 years that advantage will disappear.
I believe that, having experienced it a time or two. But you'd think a flood of returned parts would convince American companies to demand better from their Chinese suppliers.
When I was young, "Made in Japan" was a sign of inferior quality. Obviously, Japanese businessmen learned. I'm pretty sure Chinese businessmen are capable of learning as well.
Then manufacturing will shift to India where the minimum wage is $0.28/hour.
Good luck competing against that.
Given the increased automation, and costs associated with shipping things......We're doing fine. Everything that can go overseas pretty much has.
Theres some misleading minimum wage information out there on India, but one things clear-they recently raised their minimum wage. You of course have some fantasy where a race to the bottom is somehow good for people, so you are probably upset about that.
Then manufacturing will shift to India where the minimum wage is $0.28/hour.
Good luck competing against that.
It's all good, we will feel what is known as an adjustment as all our wages synchronize. Globalization is good, keep saying it over and over again... it is all good... as long as you aren't a worker bee.
Given the increased automation, and costs associated with shipping things......We're doing fine. Everything that can go overseas pretty much has.
Theres some misleading minimum wage information out there on India, but one things clear-they recently raised their minimum wage. You of course have some fantasy where a race to the bottom is somehow good for people, so you are probably upset about that.
True, now just remember that when you vote in the primaries and Hillary is telling you about how she will help the American worker.
I would think China will continue to invest where they sell products. They will also export people to work in those factories eventually due to the excessive number of people in China without a job.
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