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59
Apple's Tim Cook signed $275 billion deal with Chinese officials to placate China (archive.md)
posted 4 years ago by Ahaus667 4 years ago by Ahaus667 +59 / -0
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▲ 7 ▼
– censorthisss 7 points 4 years ago +7 / -0

There's a confusion about China. The popular conception is that companies come to China because of low labor cost. I'm not sure what part of China they go to, but the truth is China stopped being the low-labor-cost country many years ago.

Does anyone actually buy this crap?

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▲ 14 ▼
– Rezlung 14 points 4 years ago +14 / -0

I think unfortunately there’s a lot of truth to it. It’s because these traitorous globalist countries have invested so much into manufacturing their shit in these Asian countries for the last 40 years that all the refinements and innovation on the factory floor has actually happened THERE and not in the west. Just as an example I’ve personally seen, sometime in the last ten years the cheap guitars you’d get from places like Indonesia and China crossed over to the quality of American-made instruments. I have a $2400 American Professional strat and I hate to admit it but it’s no better (aside from hardware) from a $450 Yamaha Pacifica I also have.

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▲ 7 ▼
– lemonjuice 7 points 4 years ago +7 / -0

It should be noted China offsets the price by printing money and subsidizing the cost of manufacturing directly and indirectly.

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▲ 3 ▼
– censorthisss 3 points 4 years ago +3 / -0

You're talking about quality of product. I'm saying that's he's lying when he claims that labor costs have nothing to do with Apple's decision making process.

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▲ 4 ▼
– deleted 4 points 4 years ago +4 / -0
▲ 6 ▼
– Steampunk_Moustache 6 points 4 years ago +6 / -0

After looking here and doing some currency conversion... It doesn't really seem like he's lying all that much.

...Meaning that China is now more attractive than the US because it has bigger and better factories and more skilled workers staffing them - and it reached this point through 40 years of increasing western outsourcing.

Not surprising given China's massive population, and of course, the fact that the US manufacturing sector was gutted 40 years ago. Where were the younger generations supposed to learn their craft? In the factories that closed before they were born? Or in those that stayed running but haven't seen major investment in their equipment since the 70's?

It would take hundreds of billions to restart American manufacturing. China has the most updated facilities, staffed with the most experienced workers, just sitting there ready to go.

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▲ 5 ▼
– Ahaus667 [S] 5 points 4 years ago +5 / -0

I mean, this was the plan from the get go. American politicians sold a lie decades ago and globohomo used it to spread American citizens wealth. We mass imported people incapable of skilled labor and then passed it all to Asia.

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