| ▲ | crote 6 hours ago | |
Rather the opposite, actually. With the rising living standards and a looming population cliff due to the one-child-policy wages in China have steadily been rising - and they'll get even higher in the future. Any Chinese industry relying on cheap and mostly-unskilled labor is in serious trouble. They know this, which is why they have been heavily pushing for automation. As a result, companies like BYD have been setting up "dark factories" for a while now. Want cars made by overworked and underpaid workers? These days that means buying American. | ||