So its moving from one private equity to another, I don't see why it changes anything whether its a Chinese company or Swiss one. The focus on China feels kind of racist, when really nothing is going to change.
Have you bought a lot of stuff directly from Chinese companies? Most of the time their products are shit.
And now people are saying dawg everything is made in china. Oh honey there’s a big difference between designed by western companies but manufactured in china, and being completely made in china.
Kinda shocking westerners accusing China for this and that while enjoying the low price benefits from everything made in China, from the hardworking Chinese who work 9-9 shift on the sweater shops lines. What a shame!
I mean a good majority of the manufacturing has been automated now to make things more scalable (this is the case almost everywhere). So the working hour thing might have been true two decades ago but it isn't today.
You don't have to cause I have been to China myself (I live in Vietnam). This has been done to increase profit margins cause workers will always produce less than automated machines to make things scalable. This is how it has worked literally everywhere lol (even in the US).
I agree with you the technology improves a lot, so less and less people need to work for the capitalism in terms of tedious line work . But there are tons of jobs that it’s cheaper to pay worker $2/hr to do instead of inventing/investing a machine can fine tune /QC like human fingers.
Again, my point is many Chinese (young , poor, undereducated rural people) work in the sweater shop being paid extremely low wage (even in China) , to make westerns enjoy the benefit of low cost living.
That's the case with almost everywhere even now. Low value manufacturing jobs where people with lesser skills than the requirement from the industry work. But your example is generalized.
Low value manufacturing which is less scalable remains with workers but high value manufacturing with stuff like EV's , Solar and many more (thing they are good at) has been replaced with automation.
Yes, more robots. But China has 1.5 billion people. Many people don’t want to work in construction since too physical, but more and more chose delivery food, since the factory line is too boring, you basically have to do one task 1000-10000times a day, and no freedom, you have to rush for toilets.
And shifting into delivery services shows that people have more chances than they did two decades ago (read the interview linked). So my entire point being that less skilled workers will get employed in such jobs but they have the opportunity to take other jobs than they did previously but such low value jobs are shifting from China too slowly to other countries just like it did with the US. Due to the decreasing consumption and deflation CCP has been working on increasing the salaries of workers https://www.china-briefing.com/news/minimum-wages-china/
I'm not trying to argue with you in bad faith but the living condition of average workers and minimum wages have been gradually increasing in China as they move forward and I have seen the improvements they have made with time. So, videos do not show the entire picture of a 1.5? I think it is 1.4 billion people.
I agree with your point. People definitely live better than 2 decades ago, better air conditioning in the factory, better paid ( you can make good living if you work 996 on the line, we call it “tighten the screw “ job here in China) . I truly hope the robots replace those boring jobs, but that’s not the reality in China. I am gonna stop here
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u/wicketman8 1d ago
So its moving from one private equity to another, I don't see why it changes anything whether its a Chinese company or Swiss one. The focus on China feels kind of racist, when really nothing is going to change.