He says posting from an electronic device made in china.
You haven't posted a photo yet.
Huawei make some good products at good price points.
One of the few quality products made in China.
Some pretty good devices are assembled there, but hey, they might move the assembly plants to India soon, given how China is pricing themselves out of the bit work market.
Huawei make some good products at good price points.
One of the few quality products made in China.
Some pretty good devices are assembled there, but hey, they might move the assembly plants to India soon, given how China is proving themselves out of the bit work market.
Manufacturing output China is ranked 4th in the world. So your claim that they just assemble things is clearly wrong.
Huawei make some good products at good price points.
One of the few quality products made in China.
Some pretty good devices are assembled there, but hey, they might move the assembly plants to India soon, given how China is proving themselves out of the bit work market.
Moving production to India would simply be a further destruction of global wages. Its just what has been going on since moving western companies and jobs to Japan in the early days. Since then, and in order to maintain or grow profits, or to stay ahead of the competetion, one has had to move production to countries that offer cheaper labour costs. Soon after, and in order to keep up with the competetion, others are forced to follow suit or they will simply go out of buisiness. Eventually , everybody else starts moving their buisiness and production to where costs are cheaper. To then stay ahead of the game, you need to move your production to an even cheaper labour cost country.
We started say in the US, then moved to cheaper Japanese wages, then Korea, Singaopore, Taiwan, Vietnam , China and now the last link in the chain is India. Beyond India you could go to Ethiopia or the like, but we will not get that far. Chinese wages and overproduction will probably be enough to destroy the world economy, at best it will destroy western jobs and wages. So we probably dont even need to go to India but the reason we now are is because now so many have moved to China for cheaper labour, like mentioned earlier, its now time to move to the next cheaper labour cost country. The main problem is, we already have an oversupply of most products people need. In order to make a profit, they need to keep undercutting one another on cost.The reality is, and not even needing India, China rampant production oversupply of everything is now putting downward pressure on their alreadt dirt cheap wages. To somehow make a profit from here, to undercut these cheap chinese products, we have to moe to the cheaper labour cost country again, India.
I dont know what the chinese and indian wages are exactly, but I think its something in the order of a fair bit cheaper. Minimum chinese wages are about $2 an hour AUD, India is about 90 cents an hour AUD, and for the record, Ethiopia is about 45 cents an hour AUD.
All that happens here is more western jobs are lost, and western wages are further pushes downwards as a result. Its another reason we cannot create inflation they want despite the continual lowering of rates. The prime example being shown in Australia, where after two cuts this year AND last year, our cpi has gone from 2.8% to 1% , a very rapid decline.
One Guess at which country in the world is the highest ?
One guess at which country is most at threat as a result ?
If western wages do not come down, more and more jobs will simply DISSAPEAR.
You cannot make and sell a can of lemonade for $5 when somebody else is selling the exact same product ( in our case wages) for 50 cents.
Its pretty much THAT SIMPLE. We have NEVER had to somehow deal with this type of thing before, not on any scale or measure.
Can you people really not see the dire straits that our economy is headed for ?
Moving production to India would simply be a further destruction of global wages. Its just what has been going on since moving western companies and jobs to Japan in the early days. Since then, and in order to maintain or grow profits, or to stay ahead of the competetion, one has had to move production to countries that offer cheaper labour costs. Soon after, and in order to keep up with the competetion, others are forced to follow suit or they will simply go out of buisiness. Eventually , everybody else starts moving their buisiness and production to where costs are cheaper. To then stay ahead of the game, you need to move your production to an even cheaper labour cost country.
We started say in the US, then moved to cheaper Japanese wages, then Korea, Singaopore, Taiwan, Vietnam , China and now the last link in the chain is India. Beyond India you could go to Ethiopia or the like, but we will not get that far. Chinese wages and overproduction will probably be enough to destroy the world economy, at best it will destroy western jobs and wages. So we probably dont even need to go to India but the reason we now are is because now so many have moved to China for cheaper labour, like mentioned earlier, its now time to move to the next cheaper labour cost country. The main problem is, we already have an oversupply of most products people need. In order to make a profit, they need to keep undercutting one another on cost.The reality is, and not even needing India, China rampant production oversupply of everything is now putting downward pressure on their alreadt dirt cheap wages. To somehow make a profit from here, to undercut these cheap chinese products, we have to moe to the cheaper labour cost country again, India.
I dont know what the chinese and indian wages are exactly, but I think its something in the order of a fair bit cheaper. Minimum chinese wages are about $2 an hour AUD, India is about 90 cents an hour AUD, and for the record, Ethiopia is about 45 cents an hour AUD.
All that happens here is more western jobs are lost, and western wages are further pushes downwards as a result. Its another reason we cannot create inflation they want despite the continual lowering of rates. The prime example being shown in Australia, where after two cuts this year AND last year, our cpi has gone from 2.8% to 1% , a very rapid decline.
One Guess at which country in the world is the highest ?
One guess at which country is most at threat as a result ?
If western wages do not come down, more and more jobs will simply DISSAPEAR.
You cannot make and sell a can of lemonade for $5 when somebody else is selling the exact same product ( in our case wages) for 50 cents.
Its pretty much THAT SIMPLE. We have NEVER had to somehow deal with this type of thing before, not on any scale or measure.
Can you people really not see the dire straits that our economy is headed for ?
People it seems are finally becoming aware of what Comrade Keating was taking about when he said we had to compete with Asia, and some Asian dude called us the White Trash of Asia.
We still got dirt to flog off don't we?
BTW, once they trash our economy, we will replace whatever country replaces India for low cost labour.
Sydney will become the call centre of the world, unless copper nbn stops us even achieving that.
Trollie
22 Oct 2016, 01:27 PM
Manufacturing output China is ranked 4th in the world. So your claim that they just assemble things is clearly wrong.
Who's been calling a property crash for 6+ years and been wrong. Not me.
You've never called anything Dolly.
Apart from premium chatlines that is. From your mummys phone.
Poor old Dolly.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be rising.
"Products that are made in China for the Australian market could not even be sent back to China, as many of them would not meet the Chinese product safety standards but are acceptable here."
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