TheTexan
Member
- Joined
- Sep 1, 2011
- Messages
- 27,506
Without governments intervention it wouldn't be profitable to buy widgets from the other side of the planet, ship them here and permit the entire supply chain to profit and then sell a product for similar money as the locally made variety.
I don't know if that's necessarily true. There are indeed quite a lot of regulations/taxes in place that make it less than friendly to manufacture domestically.
But I think the main driving force that is causing things to be manufactured in China is the cheap labor.
As we buy things from China, America gets poorer and China gets richer, and at some point their "cheap labor" won't be cheap anymore. But they will still have the manufacturing facilities/infastructure that we will not have. And for that reason alone we will likely keep buying from China for a very, very long time.