Thank the CCP and their bullying for all these hard working people having lost their jobs. The CCP is to blame.

@nigellei8591

Ай бұрын

Nope. It has everything to do with minimum wage in China. They would still be there if the minimum wage was the same as 10 years ago. They would have the factory in the USA if the minimum wage was the same as China.

@jasonchen6056

Ай бұрын

no one in China can or allow to blame the CCP for anything. it is always others fault for not following the CCP's rules.

@Pilipinoako763

Ай бұрын

@@jasonchen6056 BECAUSE NO ONE CHINESE HAVE A BULL TO FIGHT AGAINST THE GOVERNMENT...CHINESE FIGHT ONLY THAT HE KONW DONT FIGHT...

@C00ltronix

Ай бұрын

@@nigellei8591 EMS isn't very labor intensive. So that is certainly not a factor for Foxconn.

@pmshah1946

Ай бұрын

IMHO it culminated from the real bad spying laws, bad even by dictatorial communist standards, that this process of shifting started. The sad part is that 95%+ of those who lost their jobs were a quite a bit better better off compared to practically the rest of the entire manufacturing sector. Most of the others, locally owned ones, were working on such bad economics that their breakeven point would have been 90%+ capacity utilisation.

I wonder if any of the CCP have studied Newton's laws: Every action has an equal and opposite reaction. You push me and I will push back.

@OffGridInvestor

Ай бұрын

They run on the laws of bullying and bluff. You look at any communist government structure, even socialist college politics in the US, it's all bullying, bluff and fake virtues.

@peterlhh8638

Ай бұрын

Dont follow US Their economy is doing great No unemployment noo homeless people real estate is booming look at New York etc

@VyanTan

Ай бұрын

Dude, CCP is practically North K number 2. You'd think they care for everything else beside their own wallet ? 😂😂

@pwang33ece

Ай бұрын

I’m starting to think they’re counting on it. they’re not dumb so I wouldn’t be surprised that they’re waiting for an uprising to enact full control.

@Xiquinhodasilva99

29 күн бұрын

All this because they changed working laws to make the conditions better? That's why everyone is rushibg to leave, they are making less profic. That's why loads went to working lawless Bangladesh. Why none of them are in Europe or US?

There is quote ” never bite a hand that’s feed you

@llothar68

Ай бұрын

Tell that my cat. So Chinese are smart as cats.

@kennydude7971

Ай бұрын

Never feed the hand that slaps you

I don't see a way out for the Chinese people: real estate development has collapsed, and manufacturing is slowing down, and foreign investment is decreasing, and interest rates will be high for the foreseeable future. What is supposed to create the demand to employ so many people? Nothing I can predict.

@gtccold

Ай бұрын

Ez, they are buying up land and running away to other countries. And I mean.... other countries.... including USA. One of the top ten national who happened to own a lot of land in USA is.... Chinese. I am Thai, and there are a lot of Chinese coming over. Lots of Thai are already third forth fifth generation Chinese so hopefully we won't turn into CCP. But those run aways are mostly going to be outside the influence of China unless they have family members back home. It's complicated, but I am thankful that people are running away from the CCP. Chinese are not bad people, but the corruption and the fear culture is what is destroying China. It sucks cause if you think about it, Chinese people put in a lot of work but their system is failing the whole country. If they had better policies, no corruptions, they could really really be number one. And I wouldn't mind they being number one, as long as they're not corrupt lol.

@ArariaKAgelessTraveller

Ай бұрын

Agriculture But they already have polluted the land, so much it's no longer possible to plant anything And the fact that farmers are being discriminated against, further prevent people from ever wanting to go into agriculture

@gtccold

Ай бұрын

@@ArariaKAgelessTraveller anything negative including constructive criticism about ccp will get deleted by youtube. I thought it was the channel but now I know... It's not.... My comment to manx was deleted and I think this one will too. Was knife knowing you @araria.... I think the keyword is ccp. CCP comments = auto delete by youtube. What a sell out youtube, come on.

@seffer1838

Ай бұрын

Military

@SL420-

Ай бұрын

​@@gtccold I think you're a little paranoid. The whole comment section is full of CCP criticism. People in China can't even legally access KZread so what's the point of censorship?

Workers can thank CCP for Foxconn leaving!

@pennybourban3712

Ай бұрын

They won't. Their culture doesn't allow it. It is always the foreigner who is to blame.

@user-pt2cy2cx5l

19 күн бұрын

Und Putin

CCP china copy paste is ending

@Elixir9

Ай бұрын

Whenever s company releases a new product they dismantle it and copy...

Smart move, distancing themselves from China is a good thing. Hoping more large brands do the same.

@moonwalde7926

Ай бұрын

All companies should leave evil China

@0Zebadee0

Ай бұрын

The world is going China-zero ! yeah !

@RandomDeforge

Ай бұрын

plus, india is cheaper.

@eddybukayo7784

Ай бұрын

Expect the influx of Chinese workers going to Vietnam and India,,

@RabbitsInBlack

Ай бұрын

Everyone is running away from China. China started this war and LOST.

This news never fail to amaze me. I learn a lot about China. I feel compassion for the people of China for the unbelievable cruelty of the CCP. Thanks for your videos, I have been a fan for over a year.

@DK-ev9dg

Ай бұрын

CCP is only govt on this earth that takes genuine care of their people, everywhere else thugs are running this world

@ChickensAndGardening

Ай бұрын

Both cruel and STUPID. They were on top of the world, but due to nationalistic and selfish motives, the top leadership has scared away foreign investors, alienated their customers, and destroyed the future of a billion people.

@laiXDSD

Ай бұрын

China​ are​ few​ place that​ i​ see​ people​ get​ beated and​ people​ just​ watching or​ citizen​ cry​ bag for​ stop​ abuse and​ just​ got​ silent smile back

@ChaosAngel667

Ай бұрын

I dont feel any compassion for them at all. The chinese people bullied those companies out of their countries, the few remaining foreign companies still in china get bullied everyday by the same people complaining they dont have jobs. An example is a japanese water company that got boycotted because they used red caps. Overnight all chinese people stopped buying their product and the company had to under sell all their assets and leave. The workers then complained that the new administration was under paying them. If you follow vtubers you will know there is an ONGOING drama about it as we speak. Chinese people like foreigner vtubers but they want them to adhere to chinese customs including acting like taiwan is part of china. Every foreigner vtuber who tries the chinese market is received with open arms and colorful promises. As soon as they start producing merch in China they show their real colors and turn on them.

@sleepinglaffey3886

Ай бұрын

#slopagandpa #WOWSOGOOD - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters. -Chinese 🇨🇳 property Ponzi sector, which accounts for 30% of GDP, is crashing -Tofu Exports and Western imports, accounting for 37% GDP, are down. -Foreign investment is falling over 90% compared to it's peak in 2018. -Foreign visitors are down 96% compared to the pre-pandemic level in 2019 with less than 200 americans left. -Consumer prices are experiencing hyperstagdeflation. -Youth unemployment hits over 21% (in reality 50%+ after eliminating faked numbers), a record. -It's fast shrinking workforce is 10 years old than neighboring countries. - During the years 1990-2021, the US printed 6.5 time more money while China printed 147 times. - It has printed more money than the US and Japan combined, while it's economy is only half of them. - Current Chinese debt-to-gdp is already highest in the world, at 300%, according to Bloomberg. - This is a classic macroeconomic nightmare created by the CCP going way back in 1994 when they took the Yuan off the international exchange. Now in 2024, the banks and the average Chinese citizen have no idea what is the ACTUAL value of anything within the mainland. Any stimulus from the Central Govt. will be meaningless and ineffectual because the Central Bank is a part of the CCP. Thereby merging both fiscal government and monetary private policies into one ongoing disaster. Local provincial party officials were doing stimulus spending for decades in tandem of the "China Economic Miracle" which will undermine any Central Government. stimulus during an actual depression/recession or more accurately.. HYPERSTAGDEFLATIONARY COLLAPSE. - in the future house prices will drop to 10% of what they were, youth unemployment will be over 70% without livestreaming, and middle class people over 35 will be unemployed and have their wages cut, with no possibility of reemployment. And most local governments and banks will go bankrupt while overseas party naked officials laugh. How will you live in a world where real estate companies, local governments, and banks across China have almost gone bankrupt? That is your challenge for the future (will you own a worthless house and pay the mortgage?). Pensions will be bankrupt and your daily wage will be $2 or 20 yuan. Patriotism of Xinnie PorkPooh Mengze harvard daughter: lives in US brother: australian green card daughter in law: british green card sister: canadian citizen brother in law: canadian citizen second sister: australian green card second brother in law: australian green card Arctic Catfish Shenzhen:Ran to australia and laughs at how Leeks are feeding her WOW SO GOOD AWESOME Organ Leeks #sloprosperity #theskydontlie

Never know what you have until it's gone. This seems to be the situation.

Save your lose’s Get out the gates are closing fast 🇨🇳

@sleepinglaffey3886

Ай бұрын

5G AI Financial Expertise

@Vixtorz

29 күн бұрын

Losses

I'm just going to say it; If the CCP didn't abuse its human resources in return for foreign investment, then get a big head and start ruining their relationships with other countries, this wouldn't have happened. Democracy and regulation are the cure to this problem.

@normandiebryant6989

Ай бұрын

Yes, the CCP is like a car dealership but, as the salesman is trying to convince you to buy a car, you can see others beat up customers with complaints.

@pillow2k

Ай бұрын

Democracy isn't fit for Progressive country with Large Population... Look at America now, they can't control their people, too many crimes, too many homeless and becoming TRASH Country! LOL! And Democracy has more corruption and hard to trace and hard to punish all these Big Criminals because of Democrazy. LOL!

@HKim0072

Ай бұрын

Naw, they grew way too fast. And, they have incompetent and corrupt people in charge. Something was always going to break. To be fair, something always breaks in all economies.

@wakcedout

Ай бұрын

That’s the way communists function. People are merely tools with no rights and no freedoms to demand change. And as expected their economy crumbles as a result of authoritarian methods. They need a free market to have a sustainable and successful economy.

@tenglim4406

Ай бұрын

Or just, human conscience? Like: You should even allow your workers to more than 10++ without benefits/breaks, and then run away with the money/profits without any compensations?

The ruler fixation on re possession of Taiwan is seemingly mind boggling to extent of harming their own domestic economy to upping unemployment rates in own counties/provinces. Sure saying the rulers are heartless without a sliver of compassion.

@MrEvans1

29 күн бұрын

Because Taiwan is rich, and they feel ashamed😂

Damn, that last clip showed how spoiled the people at FoxxConn were. Too bad that their jobs are shipped next door LOL.

@GizzyDillespee

Ай бұрын

Well, I suspect that part was sourced from "sponsored content" just like it is when Veritasium works at a Japanese swordmaker's for a day.

8:56, Foxconn dormitory 150 yuan a month including wifi, so 20 dollar/euro for a whole month? Wow thats a steal!

@HKim0072

Ай бұрын

Never great to translate fx. Better to calculate as a percentage of income. Making 4500 and only have to pay out 150 for housing. Like the video said, it's a good job to save money since other expenses are mostly covered.

@jasony8480

Ай бұрын

8 people per room, probably 4 beds to share between 2 shifts at roughly the same spacing as an efficiency (500 square feet). The free wifi is almost required to prevent boredom related problems. Not saying the other places are better, just it isn't all roses.

@alexanderSydneyOz

Ай бұрын

​@@jasony8480 What one considers "roses", depends entirely on the context. In any place at any time in history if the deal you get is much better than the alternative than yes it's all roses

Divestment from China has proliferated given the draconian policies of the CCP. Intellectual property theft and government's clampdown has put foreign firms on fire. Such backfire in the business environment dissuades investors from piling capital into China and seeks out alternatives. India and Vietnam are the obvious beneficiaries of this downturn and these countries will continue to capitalize on China's calamities by enticing more FDI conglomerates to gobble up land and build factories.

@dlewis9760

Ай бұрын

A lot of companies are scared for any of their management people going there. At any moment one can, be labeled a spy. Whereas before it might be an adventure, now it's like entering a war zone.

Foxconn is Taiwanese, nothing like ccp dishonesty. And the ccp forces them to leave. My word, isn't the ccp so wonderful!

You don’t miss the cow until the stall is empty! - Old Swedish proverb.

@chrislee528

18 күн бұрын

The CCP govt had gone overboard in their trade war with the west without consideration for the welfare of citizens. Bad planning without alternative employment for workers before driving Foxconn out.

"The Party told you to reject the evidence of your eyes & ears; this was their final, most essential command!"

@MrEvans1

29 күн бұрын

1984, a terrific book

I saw a 7 year old news video of them telling trump they would never leave china 😂

@phoenix5054

Ай бұрын

Trump was not the president that killed Chinese manufacturing... it was Xi.

@pennybourban3712

Ай бұрын

Didn't they also tell Trump they would build a massive factory in Wisconsin?

@simon3cowell

Ай бұрын

Who is Trunp?

Foxcon was the real power house & a true player in the Chinese economy😧 3:08 this guy is "pointing out" some very good issues. 4:27 that is huge to find out about😧... 4:34 disturbing enough because he lost. 4:41 you can't catch a break from Beijing's wrath😬 4:56 get out.... no way. 5:17 hassled for "being too close to Tsai Ing-wen". 5:28 sshhhhheeeeet😬😬 5:57 what a big move. 6:36 - 5:54 wait, did he say 320,000 ppl use to work there... & no wonder there was a mass leave of ppl from the previous upload since the 2 strange deaths during lockdowns😟😧😱 & 7:02 the talker is making a good point, "who"? 7:19 what a see through peak inside the working world in China😧 8:46 whoa, it's like a mini towns inside a city & interesting story telling, too😦 11:08 man, it sounds like Foxcon was thee heaven of factory working place to be😦 11:56 I see why it's a better deal w/ benefits. 12:24 & they're all grown locally & plus or minus if some were imported from other agriculture farming & the affordability for them too😮😮 13:09 yeah... what a beautiful place before the lockdowns, Trade War, & Taiwan tension. But, this is only my opinion🥸🥸🥸🥸

"shift to the left"? Are you for real? 🤣🤣🤣

@Mr.TrUnrBrigs-oo4yz

28 күн бұрын

Communism is a far left concept. Just we've had Stalinism, Lenonism, Marxism, and Moaism but no actual communism yet. That power be corrupting absolutely.

ABC !! Anywhere BUT China. 👍

Any government needs the people to depend on it. The people were making a good living without the CCP involvement. This could not and would not be allowed to stand

Sad for the people to have a gov that cares so little for them but they do not even see it!

@josephbryanasuncion4904

Ай бұрын

It's not that they can't see it,say something bad about ccp next thing you know you've been removed, Physically...

@LJ-bq9fy

Ай бұрын

Even if they do see it, they can't say it.

It's sad/funny how all the foreign companies left and everyone misses them. This channel has also reported on the fact Chinese companies will fire people with zero compensation because there is no way for citizens to effectively sue Government owned businesses, but foreign companies will give gracious compensation packages whenever they let someone go.

Every single company seeks to minimize risk. The foreign investment flight out of China underlines the increasingly unstable economic markets in China. As China continues to get more militarily aggressive with its neighbors, foreign business becomes ever more nervous. China has now reached the point where the many negative economic signs combined with the increasingly strident centralized planning and control policies of the CCP leave businesses, especially large foreign owned firms, with no choice but to leave. China basically bit the hand that fed them.

its nice to see your recent contents on below 15 minutes now. please keep doing it without sacrificing the quality.

thanks for always filling up the videos with so much translated content from actual citizens.

DER TAKIN ER JERBS!! 😂 Now the Chinese are feeling how we felt when our jobs were deported to a foreign country.

@louspowels7120

Ай бұрын

cringe comment; in other words: "racist 'Merican says: your turn"

@hmoobmikah

Ай бұрын

@louspowels7120 they can take our low skill factory jobs. We can prioritize having higher skilled jobs.

@basscannonjake1235

Ай бұрын

LMAO yup I’ve said exactly the same thing Now the Chinese get to feel what families across the rust belt felt when their communities were destroyed when their jobs were shipped overseas because the powers that be wanted to prop up a hammer and sickle nation But the true cherry on top is that the Chinese actually believed they were irreplaceable that no one could do what they do , And ooooh boy reality sure came down on them harder than a tofu dreg celling

@SL420-

Ай бұрын

​@@louspowels7120explain what's "racist". I'll wait.

@Darkstar-se6wc

Ай бұрын

@@hmoobmikah- You think we have no low skilled people here anymore? Why hate on the left side of the bell curve? Surely they deserve the dignity of employment too.

"She had to yell at her kids all day, which was exhausting." 🤣🤣🤣

I'm suddenly very thankful for being born into a life where I don't have to compare the experiences of two different sweatshops 😭

Good luck to Apple, It was just a matter of time before they were treated so badly that they would have to leave

@harrymills2770

29 күн бұрын

I despise Apple.

@crakkbone

29 күн бұрын

@@harrymills2770who doesn’t? This is nonetheless a good thing for them. Are you an insane person? February 7th nineteen seventy?

Politics can have a devastating effect on ordinary people, but politicians move on and don’t care.

Biting the hands that feeds you lie not a good idea 😅

are they really asking why these companies move out of china?

@jbc8673

Ай бұрын

everybody sees the writing on the wall. war is coming. and what happens when war is the status quo? answer: countries nationalize all foreign assets. what does it mean when a country nationalize all foreign assets? answer: it means if you are a foreigner, what you have in a country is not yours anymore. it happens in all wars. russia is now in the process of nationalizing all foreign assets. china will do the same. what does that mean? it means if you are a foreigner and you have assets in china, you will be smart to take your money out of that country asap.

Hasn't Foxconn been moving out of China for months, now?

@aussieseanc

29 күн бұрын

They have been building and operating huge facilities in Vietnam and India now for some years...

They build their company in Mexico way back 2023 The foxxcon and pegatron and wnc

Man, I kinda want to work for foxconn now

Manufacturing started moving to Viet Nam five years ago! China is in a society panic

India’s government is just as protectionist and arbitrary as China. And where are the examples of successful manufacturing facilities in India?

@jasony8480

Ай бұрын

Pharmaceuticals, cooking spices, chemicals, and things like contacts. They should be able to perform work that some random unskilled laborer can do. As long as the facilities stay clean and the quality of manufacturing stays high...also less bribes/corruption than the competition, then India or Vietnam should be roughly as good a choice. Ports will probably be a problem for about 2-5 years until they get built up and I expect the place to, sadly, get even more polluted.

All those CCP pinks can now park in all those empty parking space. LOL. HAHAHAHAHAHAHAHA.

It’s all the fake food. Way to go ccp. Maybe the little pinks they have can fix it, instead of harassing piano players.

China wondering why a Taiwanese company is leaving after all they've been saying about Taiwan.

It's been talked about for a longtime.

@tooltalk

Ай бұрын

Yeah, considering it took Samsung 3-4 years to pull out of China, Apple is going to need at least another year.

@gardenstateboss

Ай бұрын

Foxconn no longer love you long time!

I feel sorry for the Chinese people, and all of us that were dependent on good from china. Globalisation has never been fair to everybody, but give me an alternative? It served the Japanese well in the 50's and 60's, and China and the whole Asian continent thereafter. We need each other.....I am no friend of the CCP.

Local chinese factories treats their staffs like 💩

China, how does it feel? What do you think Americans felt in the 70s,80s,90s when our work left to your shores. Not very pleasant is it? There is hope, join us worker classes of the world to unionize.

It's not China, it's North West Taiwan.!!

China hasn't learned the Western Proverb: Don't bite the hand that feeds you...

China is reverting back to how it was under Mao, instead of opening up it will become more and more isolated, all that will remain are state owned businesses. Soon China will restrict all people leaving the country much like North Korea, as more and more people will see what China is and want to leave to find opportunities that will not longer be available there.

Thank you!

People forget that China's average pay is raising (raised from 1960 to today), and is equal to some eastern European countries average salary. Investors are just looking for cheaper workers. Even without CCP bullying factories would move to cheaper countries, maybe it would take 10 more years.

Thats the correct move! for those companies still investing in China must think to exit now! if you want stable production, low risk of stealing intellectual property and CCP's political instability, then move out of China! US are now doubling tariffs on China, and you dont want to be affected in this! so just move out and go to other countries! same output but less or no CCP!

About time. Other companies should do this

To me it seems like they are moving because of tight Control by the autocratic mainland government. In November 2024 Americans can decide if they want to keep our democracy or switch to an autocratic government.

Well made video.

Taiwanese investors were the first to invest in China. Their funds helped build up China in the 80s and 90s. Investors from other countries came later and China forgot the Taiwanese contribution. Hubris has a price.

@icemann4699

Ай бұрын

The following would described a more complete picture. The U.S. initiated the opening of China and trade relations in the 70s. Global investments started in 1979. The 80s saw relatively modest FDI. It was the 90s onward that FDI grew rapidly. Hong Kong lead the pack with $746.9B (or 46.5%) as of 2014, while Taiwan was 6th with $61.2B (3.8%). HK has remained the largest source since the mid-80s. en.wikipedia.org/wiki/Foreign_direct_investment_in_China Taiwan's largest company/employer in China, Foxconn, is a contractor for Apple who pays and decides where to locate the factories. All the above does not provide a whole picture. It was the open markets that allowed China's massive exports in, allowing China to grow rapidly. The U.S. provided the largest and most favorable market as well as helped China get into the WTO and China's growth soared afterward. U.S. investors also provide the largest share (37%) of foreign capitals to Chinese firms.

Love the channel

Whats the difference between a Yuan and the RMB?

AWESOME ;)TANX

Thank the CCP for this exodus And also the wages/tax on the product made Foxconn leave

love this channel

For the most part I’ve enjoyed using Apple products, That said Apple should have seen this coming and been prepared.

thanks china insights !

Wee Wee Ping very bad man

Come to Vietnam. The horses here are cheaper. $50 only .

@rogerjamespaul5528

Ай бұрын

Do you eat the horses raw or oven backed.

Politician shits nd common ppl cleans😢

Im still sad when Foxconn never built its Factory here in Wisconsin. Despite all the bad things happening towards our fellow Chinese it sounded like a good place to work for only to see it disappear; quite sad tbh.

@shridam3874

Ай бұрын

Foxconn makes as much as it does is due to lower wages. That is how they could invest or move anywhere quickly. And we know how complicated tax system in the US is and just imagine a state becoming a democrat?

Glad they improved after 2011's self-exits.

It is so painful to listen to the computer generated voice narratives on many KZread videos. I suppose it is an easy way to quickly generate content, and if they get sufficient views, revenue. But I usually don’t get very far into these videos.

Is the CCP going to feed these people?? Nah. What happens when all the "WEST" has left? The CCP looks like a gang of stand over men to me.

Why a Taiwanese company would have their production located in China baffles me.

Good

China and apple, a match made in hell

The ( CCP have a million Brain they're Smart enough what they did...)

@IloveElsaofArendelle

Ай бұрын

90 million members couldn't even string up 5 brains cells to see what they did

Too bad all those workers have no voice due to their complacency. They can't say they weren't warned

Thank you China Insights, I appreciate your regulate updates. It actually feels like you’re speaking for the Chinese people who are not able to speak for themselves because the ccp keep wiping the internet clean (now that’s a misnomer) of anything bad they don’t want their citizens to see to try and maintain social order.

The providence in which Foxconn was in had put all their eggs in one basket. Once Foxconn left because of all the bad decisions the whole house of cards came down!

the power of the profit incentive is irresistible.

CCP didn't know how good they had it until Foxconn left.

@jbc8673

Ай бұрын

xi is so stupid, it's pitiful. if he was smart, he should have kept his mouth shut regarding his intentions on taiwan.

This infomercial brought to you by FoxConn - it's no wonder why this channel doesn't need any paid commercials

Foxconn is going to save a bundle by moving to India. The salaries will be just around 60% of the Chinese kevels. On top of that since most of the workers will be vegetarians even the cost of providing meals will be substantially lower.

@shridam3874

Ай бұрын

Well, it's mostly to the south; most consume meat there. However, they don't consume it everyday besides the food is quite cheap compared to the rest of the world. Huge damn savings with free land from the government, cheap electricity and water, and less salaries.

320 THOUSAND. In America this would be considered an absolute economic disaster...

COME TO THE PHILS. WERE GLAD TO WORK WITH.

Companies see what the CCP brought to Hong Kong, and the smart ones fled and the more are leaving, taking their companies and jobs and money with them. With all the choices that the CCP is making round the world, and the hostile actions take towards the world countries and companies are no longer comfy in China. I don't see this as a great trend for anyone, but the CCP's actions speak volumes. Even mainland residents are fleeing.

For lord's sake, this has little to do (if anything) with political decisions, it has to do with financial policies OF THE COMPANIES themselves. 15 years ago the average Chinese salary was about 1/20 of that in the west. Now this ratio has gone up to almost 1/3. Obviously they are moving out. If they were really interested in human rights and their own countries, they would move to the US and Europe. Instead they move to Bagladesh and similar, which actually have disastrous working conditions and the salaries are five times less than in China... Whoever really thinks Apple, or any other tech giant gives a damn about anybody's rights everywhere in the world is gravely misled...

Why would Taiwanese companies leave China? I am sure threatening their home country with destruction has nothing to do with it.

thx

They are really moving out for surely

Wernt yall the same pnes showing ppl jumping from buildings at foxcon before ?🤔

@passchen-fail3704

Ай бұрын

Finally someone says this! I was about to say they weren’t saying this last year

the result will be the bottom line maybe now but not tomorrow. Yes corporate towns always pay the price just look at the US and count the cities that collapsed when company moves OUT. the way of captilalism lowest COST vendor and make $$$$$$$

It is up to the government they're rule Make our company pushing out the country

Crazy that the standard of a good company is considered slave labor in European and American countries 💀

Where's Sean Lim? I really liked him.

It's always the loudest people, who have zero skin in the game. They always ruin it for the 99.99%.. always

I hope Apple moves their manufacturing to the US. I know it may cost more I'm sure people would be willing to pay more if it said Made in the USA.

@mihaibelgiu9065

Ай бұрын

and exports what is all about will have to suffer, you can't play with the share market like that, moving the production in US, that will mean bigger price of the product, an apple will lose market share, Made in USA doesn't mean that is also competitive as price on the market, and Apple will be an niche company

They don't need us according to them 👍🤡🤡🤡

China's financial institutions, which function similarly to stock markets, have experienced an impressive annual growth rate of 8.5%. Their financial assets now surpass the combined total of the US and European stock markets. This substantial growth indicates that China may no longer require Western investments for its economic development. Chinese officials have confirmed this perspective, emphasizing a strategic shift towards economic self-reliance, reducing foreign investment, and increasing domestic investment.

You're watching the real time downward fall of the Chinese once booming economy. Gen z isn't helping either.

maybe a leader building up a colossal military and constantly threatening to invade the world’s largest manufacturer of semiconductors didn’t help