It's the low cost of labor in addition to lack of environmental regulation that made China a success story. I'm sure the competition helps too but it's not main driver
replyThat happens in most of the world. Why China, then?
replyBecause they have a billion and a half people and they were willing to be the western world’s factory.
replyConsequence is they are now facing an issue of “cancer villages” where the soil and water are unbelievably poisonous in many places.
replywhich isnt particularly unique. its comparable to something like aome subset of americans getting black lung, or the health problems from the train explosion in east palestine.
replyit took a lot of work for environmentalists to get some regulation into the US, canda, and the EU. china will get to that eventually
It isn’t. I just bring it up to state there is a very good reason the rest of the world doesn’t just drop their regulations. In the future I imagine China may give up many of these industries and move to cleaner ones, letting someone else take the toxic manufacturing.
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