Despite Chinese wages growing exponentially, China's share of global manufacturing also grew in the same period.
Despite Chinese wages growing exponentially, China's share of global manufacturing also grew in the same period.
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Well that's unsurprising. And it'll probably keep this trend until it reaches some parity with the cost of manufacturing in the West at which point it will slow. At least the portion of it that exits China. Domestically it might keep going.
China is having massive economic problems currently. Who is OP trying to convince otherwise? Ignore the cape. Watch the bullfighter.