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Foreign investment would be an economic boost for Mexico. The company has claimed that a plant there would create about 10,000 jobs. A Tesla competitor, BYD markets its Dolphin Mini model in Mexico for about 398,800 pesos—about $21,300 dollars—a little more than half the price of the cheapest Tesla model.
Not been to China recently eh? Or ever.
They have free education and health care, affordable housing and government pensions. Things that taxes should be spent on instead of wars, destabilising governments you don’t like, and funding genocidal maniacs.
Instead they’re supporting Russia and Putin in the war, harass the Philippines at sea, infiltrate the government in Hong Kong and prepare to capture Taiwan.
Isn’t Taiwan the country that literally jails political opponents?
Last time I was in China was early 00’s. From everyone I’ve kept in contact with or met since, things have only gotten much worse for them.
Wow, you’re just putting out all the propoganda pieces aren’t you. Is this your alt account from .ml?
China gets ahead by stealing IP, cutting all corners with environmental concerns, and has a ridiculously low labor rates.
Sadly the western countries allow businesses to offshore and keep those profits. Short term gain for them by helping build up the West’s biggest rival.
Manufacturing labour costs were $8.31 per hour in China last year, compared with less than $3 in places such as India, Thailand and Vietnam. - The Economist
Yes, it’s starting to go up because all of the outsourcing to China. Now they are outsourcing to other countries. The IP theft is still rampant though.
I generally don’t believe in IP.
And they spy on every citizen they have and jail them for innocuous things or jail them for being a certain race then hide it from the world and use them as slave labor. Yeah, they’re just a utopia.
Sounds pretty much like the US. Both are pretty shitty.
Didn’t they have some of the biggest house prices to income ratios? And wasn’t private tutoring out of control in there? And weren’t they fighting with almost every single neighbor they have?
Last time I checked they had a housing finanical crisis and companies building “tofu” housing