Why is most everything made in China?

The answer is that china is home to the cheapest labor in the world. Today, an estimated 40 percent of the world’s labor force works in China. And the cost of living is significantly lower. In addition, China has an educated workforce. According to the OECD, there are 11.5 college graduates per 100 people in China. This is more than twice the number in the U.S., and it’s a number that’s growing rapidly.

Why is most everything made in China

China is the world’s most populous country with over 1.3 billion people. Over 90% of the world’s population lives in China and there are 20 cities in the world with over one million inhabitants. In addition, China is the world’s most urbanized country with 67% of its population living in cities.

Why is anything made in China?

The answer to this question is multi-faceted. One of the biggest reasons is that China is the home of the world’s cheapest labor. China’s labor costs are only about 10% of the cost of labor in the United States or Europe. This factor alone is a huge incentive to move production facilities to China.

Why is everything made in China?

There are many reasons why America and other developed countries have lost competitiveness to China and other developing countries, such as India, Mexico, and Vietnam. Working conditions in China are generally far better than in the West, and thus the cost of labor is significantly lower. In addition, China has a vast supply of educated labor. The people of China have had a formal education for decades, unlike people in many American states, where high school graduation rates are low.

Why is everything made in China made so cheaply?

The cost of labor in China is so cheap that corporations can use them as a way to cut costs. Packing plants often use temporary migrant workers and children, who get paid a fraction of what a regular worker makes. This is one of the reasons why there are safety problems in China.