Over recent years more goods are being manufactured in China. It is now a fact of business. It is cheaper to manufacture goods in China, and send them back to the country of 'ownership' for sale. This is simply because China can manufacture goods cheaper, because they pay people less. Of note is that we do not sell the same goods any cheaper in our own country.
The end result is that any skilled manufactures we had are disappearing. There overheads and wages too high to be competitive with China and India.
That is not to say that manufacturing in China is of a low standard. too qualify, manufacturing is of a very high standard. It seems we provided the Chinese with the latest manufacturing machinery and technology and resources to produce exactly what we were producing in our own countries, just at a cheaper cost. Now the Chinese produce the same if not better, because they can improve, on what we have given them.
The end result is that any skilled manufactures we had are disappearing. There overheads and wages too high to be competitive with China and India.
That is not to say that manufacturing in China is of a low standard. too qualify, manufacturing is of a very high standard. It seems we provided the Chinese with the latest manufacturing machinery and technology and resources to produce exactly what we were producing in our own countries, just at a cheaper cost. Now the Chinese produce the same if not better, because they can improve, on what we have given them.
