You need to also look at international trade practices and if China would stop stealing IP, ignoring trade marks and allow equal access to their markets the playing fields would be equal. Let’s also compare product quality and I think we will see differences across the globe.
And let’s not forget the use of forced labor in some countries.
You need to also look at international trade practices and if China would stop stealing IP, ignoring trade marks and allow equal access to their markets the playing fields would be equal. Let’s also compare product quality and I think we will see differences across the globe.
Possibly, if manufacturing didnt have unions, which billionaires hate because it leaves less money to them IMO.