this post was submitted on 22 Sep 2023
77 points (88.9% liked)

World News

32326 readers
677 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Duplodicus@sh.itjust.works -4 points 1 year ago* (last edited 1 year ago) (1 children)

In what reality does China even get close to making a quarter of the world's products let alone "most"?

Edit: the source below talks about pre-COVID numbers and manufacturing has absolutely moved out of China since then.

[–] wildbus8979@sh.itjust.works 5 points 1 year ago* (last edited 1 year ago) (2 children)

If you want to be specific, they make 28.7% (2019) of the world's manufacturing output. So yes, more than a quarter.

[–] Spzi@lemm.ee 1 points 1 year ago

Thanks for supporting your comments with sources.

producing most of the world’s goods

China makes the most goods, but most goods are not made by China. They are the top producer, but produce less than 50% of all goods.

[–] Duplodicus@sh.itjust.works -3 points 1 year ago (2 children)

That has changed since COVID. They are under a quarter as manufacturing has been moved away from China.

[–] wildbus8979@sh.itjust.works 4 points 1 year ago

[citation needed]

[–] zephyreks@programming.dev 2 points 1 year ago (1 children)

Didn't China's manufacturing output increase by 25% in dollar terms since 2019?

[–] Duplodicus@sh.itjust.works 1 points 1 year ago

Would dollar terms be relevant metric since the costs went up post COVID? It's total goods manufactured and that dipped.