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Power Shift
China Observer
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Comments by "Power Shift" (@powershift2024) on "China’s Economy Is Poor, Xi Jinping Is Closing off the Country, Foreign Investment Flees Rapidly" video.
@eduardochavacano only if the CCP exists in either country. Remember, the nation's government sets the labor rules, not the businesses. Seems like you've forgotten the CCP not only enabled, but ENCOURAGED the labor conditions you're referring to. If you don't believe me, go ask the Uhygers. Cheers!!!
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China's had a 1500% increase in wages with only a 200% increase in productivity over the last 20 years. Hostile regime plus high wage/low productivity ratio means no more businesses in China. India, Mexico, Vietnam are where low and mid value added production is going (China was a low and mid value add economy).
5
Why even bother to leave a comment then? Waste your time elsewhere...
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