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this post was submitted on 20 Oct 2023
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Technology
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"Let's talk about all the cheap Chinese labour that Apple uses despite being the 10th richest company in the world."
"Let's not."
Chinese people deserve jobs too. Comparative advantage is a good thing that helps everyone involved.
The Yuan is currently trading at 7.32 to 1 USD
Companies that appease the CCP are the problem, not companies that leverage exchange rates to better lives globally.
Chinese people deserve good jobs, not jump off of a building to kill yourself, but wait your the 4th person to do that this month so they installed a net jobs.
I am questioning where I supported Chinese government policies here?
Because the initial concern was pay, and that's due to not understanding economic factors. I don't support Chinese labor regs at all.
In fact I said
"Companies that appease the CCP are the problem" which I also thought was a nice little pun, given the show being discussed.
I wonder why labor is cheaper in China.