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China Conquers Mexico’s Automotive Market, and the US Is Worried
(www.wired.com)
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this post was submitted on 31 Aug 2024
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Wow, you’re just putting out all the propoganda pieces aren’t you. Is this your alt account from .ml?
China gets ahead by stealing IP, cutting all corners with environmental concerns, and has a ridiculously low labor rates.
Sadly the western countries allow businesses to offshore and keep those profits. Short term gain for them by helping build up the West’s biggest rival.
I generally don't believe in IP.
Manufacturing labour costs were $8.31 per hour in China last year, compared with less than $3 in places such as India, Thailand and Vietnam. - The Economist
Yes, it’s starting to go up because all of the outsourcing to China. Now they are outsourcing to other countries. The IP theft is still rampant though.