☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to World News@lemmygrad.mlEnglish · 8 months agoDespite Chinese wages growing exponentially, China's share of global manufacturing also grew in the same period.lemmygrad.mlimagemessage-square14fedilinkarrow-up183arrow-down15
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 · 8 months agomessage-square14fedilink
minus-squarekeepcarrot [she/her]@hexbear.netlinkfedilinkEnglisharrow-up20·8 months 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.