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Not quite as much but yeah, the cost value of China has declined pretty heavily by using China. If you want to get cheap manufacturing someplace like Bangladesh or Vietnam is a far better value.
Then why is that excellent set of Chinese kitchen knives 6 times cheaper than the same German set on Amazon, and about 15 times cheaper than the German set in my local store? There is zero apparent difference in quality or functionality. I'm simply not going to buy something that's retardedly expensive.
Chinese workers don't make nearly as much as an American worker yet. Much more then they used to but nowhere near it. Especially when you bring in total compensation packages(benefits, pensions/401k, health, vacation/time off, etc).
And don't forget, a lot of companies moved to china simply so that they can save money by not having to follow any environmental regulations.
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[–] Hektik 0 points 5 points 5 points (+5|-0) ago
China is no longer "Low Cost" they get paid the same amount roughly as Americans. This isn't the 80s/90s anymore. Whatever gains were had are gone.
[–] 23082074? 0 points 1 point 1 point (+1|-0) ago
Not quite as much but yeah, the cost value of China has declined pretty heavily by using China. If you want to get cheap manufacturing someplace like Bangladesh or Vietnam is a far better value.
[–] Tsilent_Tsunami ago
Then why is that excellent set of Chinese kitchen knives 6 times cheaper than the same German set on Amazon, and about 15 times cheaper than the German set in my local store? There is zero apparent difference in quality or functionality. I'm simply not going to buy something that's retardedly expensive.
[–] klobos ago
Chinese workers don't make nearly as much as an American worker yet. Much more then they used to but nowhere near it. Especially when you bring in total compensation packages(benefits, pensions/401k, health, vacation/time off, etc).
And don't forget, a lot of companies moved to china simply so that they can save money by not having to follow any environmental regulations.