Comments by "Sherman Peabody" (@shermanpeabody6102) on "Foxconn Speeds up Exit From China: Workers Kneel, Apologize, Ask Them Not to Leave" video.

  1. China new factories are highly automated and populated with robotics. They need very few human workers. The advantages are lower production costs (no lunch breaks, no sick leaves, no vacations, robots can work 24 hrs, always on time, no raises, no dormitories, no strikes, no complaints, can work day or night, etc). and robots/automation produce higher quality work. There's one factory in China started with 50 human workers. It was upgraded by automation and robotics. After the upgrade was finish, only 3 human workers remain to supervise the robots. A factory started out with 50 human workers was reduced to just 3. And that factory produce higher quality products at a lower cost. Human workers have to seek employment in service industry like tourism, healthcare, etc.🦉
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  2. China is Communist in name only. China has over 400 Billionaires. A true real Communist country is supposed to have ZERO billionaires. 🦉
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  3. ​ @geneappeal  China is the world's largest producer of agricultural commodities. China has world's largest grain reserve. China is the world's largest producer of Green energy (solar, wind, hydroelectric dams). Someone here mention their trade volume is 37% of GDP. That was long time ago. Now it's down to about 20% . Over the years, China Middle Class had grown from 40 million to over 500 million. It is this large Middle Class that will sustain China economy, and becoming less dependent on foreign trade.🦉
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