Then move production to somewhere else. Mexico and Central America would be my first choice, hell its probably cheaper too since ya save on transport expenses.
Still expensive than manufacturing in China, I didn’t have the exact number but the only god big capitalists obey it’s money. Even Apple manufactures its products in China, if Apple does so there is no other viable option to maximize profits.
Edit: I can’t predict the future but as I see it, big uncontrolled corps greedy will have big consequences in the future.
And how much of that is actual price versus, subsidized price? China has a geopolitical interest in maintaining the status qou, but based of the gradual shift towards places like Vietnam I suspect the only reason its still cheaper in China is subsidies. And well I dont factor that into my math, mostly cause its a soft factor that can be eliminated.
Then move production to somewhere else. Mexico and Central America would be my first choice, hell its probably cheaper too since ya save on transport expenses.
Still expensive than manufacturing in China, I didn’t have the exact number but the only god big capitalists obey it’s money. Even Apple manufactures its products in China, if Apple does so there is no other viable option to maximize profits.
Edit: I can’t predict the future but as I see it, big uncontrolled corps greedy will have big consequences in the future.
And how much of that is actual price versus, subsidized price? China has a geopolitical interest in maintaining the status qou, but based of the gradual shift towards places like Vietnam I suspect the only reason its still cheaper in China is subsidies. And well I dont factor that into my math, mostly cause its a soft factor that can be eliminated.
What kind of subsidy? Like the Chinese state paying an UBI?