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Comments by "" (@krollpeter) on "Made in China: China's Cheap Copy | Second largest economy | Shan Zhai |China Economy | Huawei" video.
@tlsvd5842 Once upon a time, there was a German company which planned to produce batteries in Asia. They chose Malaysia as the location for the factory, and neighboring Singapore as the HQ. They build the factory, they employed people for the factory, trained them on the job, and after the training increased their pay. The factory was closed in a little more than 4 years. It needed 6 people to do the same work as what one person did in their factory in Germany. Not saying it's the same in China. Just telling a story. Keep your factories in your country as much as possible. Factories add real value to products, and these can be sold for higher value. Factories give income to your father, your neighbor. And they are the multipliers of valuable knowledge, and often technology. They give a job to your kids and train teach them. Do not bring them into countries with dictatorial regimes.
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I concur. They look to increase their wallet in the few years they are in China, and as a stepping stone in their carrier. They work against the company they receive million-bonuses from.
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