this post was submitted on 17 Apr 2024

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Despite Chinese wages growing exponentially, China's share of global manufacturing also grew in the same period. (lemmy.ml)

submitted 6 months ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

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[–] avidamoeba@lemmy.ca 4 points 6 months ago (1 children)

Well that's unsurprising. And it'll probably keep this trend until it reaches some parity with the cost of manufacturing in the West at which point it will slow. At least the portion of it that exits China. Domestically it might keep going.

[–] blterrible@lemmy.ml -2 points 6 months ago

China is having massive economic problems currently. Who is OP trying to convince otherwise? Ignore the cape. Watch the bullfighter.