☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.mlEnglish · 1 year agoDespite Chinese wages growing exponentially, China's share of global manufacturing also grew in the same period.lemmygrad.mlimagemessage-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.lemmygrad.ml☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.mlEnglish · 1 year agomessage-square14fedilinkcross-posted to: news@hexbear.net
minus-squarekeepcarrot [she/her]@hexbear.netlinkfedilinkEnglisharrow-up20·1 year 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.