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Why Chinese Manufacturing Wins

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Enter to win $2000 with Anker's "Power it Up" contest: http://bit.ly/2uXquXZ The battery I talked about at the end: http://amzn.to/2wCwwgh While Wendover Productions retained creative control over the video itself, the sponsor paid for travel expenses and for the post-roll advertisement. Check out my podcast with Brian from Real Engineering: https://itunes.apple.com/us/podcast/showmakers/id1224583218?mt=2 (iTunes link) https://www.youtube.com/channel/UC_10vJJqf2ZK0lWrb5BXAPg (YouTube link) Support Wendover Productions on Patreon: https://www.patreon.com/wendoverproductions Get a Wendover Productions t-shirt for $20: https://store.dftba.com/products/wendover-productions-shirt Youtube: http://www.YouTube.com/WendoverProductions Twitter: http://www.Twitter.com/WendoverPro Email: WendoverProductions@gmail.com Reddit: http://Reddit.com/r/WendoverProductions Animation by Josh Sherrington (https://www.youtube.com/heliosphere) Sound by Graham Haerther (http://www.Haerther.net) Sources and script available here: http://bit.ly/2viM3Tj Deng Xiaping footage courtesy Reagan Library Singapore historic photo courtesy Hiramatsu Kaxuhito Chinese bar photo courtesy Roman Boed Big thanks to Patreon supporters: Kevin Song, Kevin Song, David Cichowski, Andy Tran, Victor Zimmer, Paul Jihoon Choi, Dylan Benson, M van Kasbergen, Etienne Dechamps, Adil Abdulla, Arunabh Chattopadhyay, Ieng Chi Hin, Ken Rutabana, John Johnston, Connor J Smith, Rob Harvey, Arkadiy Kulev, Hagai Bloch Gadot, Aitan Magence, Eyal Matsliah, Sihien Goh, Joseph Bull, Marcelo Alves Vieira, Hank Green, Plinio Correa, Brady Bellini
Category: Education
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Text Comments (10563)
Wendover Productions (2 years ago)
I hope you enjoy this video! There's a bit of a unique situation in this video where the sponsor is partially the subject of the video as well. This is because they were able to give me a level of access that normally would not have been possible (Chinese factories are not easy to film in.) I want to stress that I did have creative control over the video but take my presentation with a grain of salt nonetheless. I visited a well-regarded, ethical factory which isn't necessarily a reflection of all factories in China, as you may know. I also didn't cover some of the issues with manufacturing in China and other less-developed countries since I was taking a more holistic, economic view rather than a person view.
David Fofiu (24 days ago)
Wendover Productions poarta cceflui
gentry black (1 month ago)
Disregard my previous post lol. You basically just said the same points I was trying to make.... My bad. But I did go a little more in depth. Cheers.
condorX2 (1 month ago)
After watching this video, I got this crazy idea that Deng Xiaoping basically made China great again?
James Peter (1 month ago)
your american people are too too too nice too kind to our chinese, but our gov very very very evil ,they just want to cheat on you , if you believe in them , your result will be very poor guys. our gov actually are controlled under few familes who established the new china. they are the most richest people in this universe. they have over 1000 billions us dollars in swiss bank(you can check it online), its why usa people and chinese people are poor now. .
James Peter (1 month ago)
as a chinese , i have to say , please dont trust our fake govs gdp number, its FAKE. 80% of the gdp is just from the house and buildings constructions...we have a number one evil gov in this UNIVERSE.! they hired a lot of water army on youtube facebook..to praise them .
Slosh MaGee (4 hours ago)
I win because I don't buy SHITTY Chinese made crap with MY money.
Dmytro Samborskiy (4 hours ago)
Every development has its end.. You can't escape that... Chinese economy is based on huge consumption of natural resourses... And if they want to keep their economy growing, they need to find more sourses and markets for trading... I think that war is inevitable in such a system... War for economy...
gold star (5 hours ago)
Two hobbyists built electric car from spare parts, now they're going after a record set by Tesla. - https://youtu.be/rbnvZlPZZQc
Dougald Hendrick (7 hours ago)
There used to be a good saying about putting all your eggs in one basket, seems long forgotten by this greedy world. To do so with a despotic regime that kills it's own kids without a qualm, that invades neighbors and embarks on genocide, that routinely steals any intellectual property and laughs at complaints, well it's utter fucking madness. As well as demonstrating how greed can surpass all civilised notions of censuring the arseholes who do this shit!
Ecuador Mining (8 hours ago)
Where did gold come from? Watch it now. English - Spanish https://youtu.be/ZNJDT6ugbrU
Happy 20 (9 hours ago)
All Developing Countries can Take Lessons form China Love from India
android phone (12 hours ago)
Part lies.
Timmy Jones (14 hours ago)
Very educational .
Yifan Wang (18 hours ago)
Plz forgive my ignorance. But as a Chinese, what is Anker??
不要懷疑 (1 day ago)
enhancing the strength and prosperity of the nation .
Meg Parker-Jasper (1 day ago)
Love Anker products, own many and choose them over many well known brands. Also have all OnePlus phones, sometimes Chinese is just better :)
色つきゲッソー (1 day ago)
I just noticed that I have an Anker wireless Bluetooth speaker...huh
Honest John (1 day ago)
The west ruled the world ? Er ....Britain did that alone ........all empires rise and then fall.
Jeff Pippins (1 day ago)
So basically, depress your currency and use slaves and you have a recipe for success. Ya that's a great model.
ola who fucker (2 days ago)
So if we have to bankrupt China an attack on these 4 economic zones will be enough ????
xevious2501 (2 days ago)
China's growth is strictly due to the west aka Europe's mental need to place peoples into ranked classes. One could kinda call it the difference between capitalism and socialism but the truth is far more unethical. its because the wealthy want to be considered better than others, more privileged and more special. its about Vanity. Europe like the US, supports classes of its citizens, and the driving mechanism throughout the western world is vanity. To acquire more power and more wealth for special privileged individuals than others. As such laws have been created and molded to support the growth of the rich by any means. In the past, this ment conquering foreign lands, and slavery, Today it means opening up world wide business and trade. Globalization. decades ago, the western world had the upper hand, having money and advance technologies and with it, incredible wealth and growth for majority of its peoples. Not withstanding racism and all such things that comes from the growth of vanity. Western capitalism brought prosperity for many but as many become prosperous, so comes a greater desire for some to have more than others. As such capitalism expands on its greed, seeking ways to increase profit margins thus enabling the wealthy to have that much of a gap from the average citizen, aka the middle class. and for a short period of time it was good. The average ceo had about a 40% increase in salary over his employees. But thru the decades that margin between ceo and employee increased seven fold. How does this all fit into China. simple. The wealthy and wallst found a way to greatly increase profits, via moving domestic manufacturing overseas, mostly to china. land of cheap labor. And for years the wealthy obtained staggering financial growth thru globalization. And for years domestic work has declined. more important, the west with its deals with china had been inadvertently been giving china its technological advances. How to make better cars, better computers, better everything in comparison to the what china was able to achieve prior. Long story short, china's growth is strictly due to the west making them, a new superpower. As the middle class falters, the One percent wreaks greater and greater profits from selling its own domestic classes out. essentially the western domestic workforce, and as technology grows, so does the liquidation of the workforce, as one computer operator can do the job of what once was and entire department of paid workers. And soon not even that sole human worker will be needed, as robotics and Artificial intelligence will again greatly reduce even todays liquidated workforce. Imagine, A computer that can think for itself, could very well do a better job at running a company than even a ceo. This may sound very sci-fi, but its already been happening. The rich, have used engineers to contrive factories full of robotics all running off of Ai. Robotics that dont take sick days, dont require pay and not have an opinion, or unionize. As for manpower, thats where china has always come in, but like the US China will also eventually see the threat of computerization and robotics. because Greed and Vanity is universal. and as china sees its financial boon, so rises its own version of classes, despite being a socialist nation. which is just a term, and doest not shed truth upon the actions of its peoples. its about human nature, greed and vanity. no matter what nation you live, its government is power over the people , and what comes with power comes greed separatism and vanity.
Gunawan Hidayat (2 days ago)
"senjen"
YoutubSUCKZ (3 days ago)
answer: slave labor
AJayAnswersYou (1 day ago)
amen.
BLUE MOXIE (3 days ago)
Gotta love the Slave Shops, and human rights violations....and tHem suicidal workers......if that's what it takes...
Jonathan Salas (3 days ago)
Who was sent here from the whole blizzard and chine issue
May ur (4 days ago)
All is fine, but 50% in 1000ce is a bit exaggeration. Americas and India were also massive then before spanish n turkic attacks, respectively. It was 35% max in the past. Future though might be different.
Garage Band Man (4 days ago)
When you sell out your people, you get money it’s simple
sumeet sharma (5 days ago)
India & China are rising with massive speed....By 2030 Asian countries gonna do more than other country's
Duhizy (5 days ago)
Ironically, if China hadn't devalued its currency, they may have already transitioned to brand-consumer style of economy. We need other poor countries to develop faster so that they can also compete to the consumer's benefit. We may not have many jobs in the future, but at least tablets will half in price.
John Oneill (5 days ago)
Meanwhile here in Australia.. we have recently lost the ability to make... MATCHES ... yes.. those things you strike to make a fire with... :( I remember years ago when we were doing robotics, digital technology.. but Australia says 'Naaaah mate, we'll dig up rocks instead..'. :( So now Australia is a giant quarry.
Torper Vazquez (1 day ago)
Poor aussie
Laqurida Enamor (5 days ago)
As an Indian, feel ashamed to see that the Country which was one time Guru of world buying cheap Chinese products... So many decades of Corrupt toothless govt in India claimed to be democratic but powers vested into oligarchs n never reaped benefits of Democracy n became a failed state. Such a big country but still assembling electronic products not fabricating it😠😠😠
Gliese 380 (5 days ago)
chinese people are basically drones
DivineSara Saradivine (6 days ago)
GOD BLESS VIETNAM TAIWAN HONGKONG IN JESUS NAME! AMEN!! !!!
Aa I (6 days ago)
"Involves paid promotion?" So, in other words...propoganda?
Anonimous 1277 (6 days ago)
This video is sponsored by ankor.
S.S (6 days ago)
People are always complaining saying that China products suck what wtf do you expect when the product you’re buying is less than 10 bucks while the original is like 100
R Mak (7 days ago)
Mostly correct but badly researched on the RMB issue. China has been popping up it's currency rather than suppressing it. If China allows RMB to adjust freely, it will depreciate rather than appreciate
BJ700 (8 days ago)
Bit of a joke in the context of China, when they are known to be the worlds greatest industry protectionists. There is no such thing as free trade in reality. Never has been. When you buy cheap imports based on stolen IP, you are damaging your own country by selling out to jobs and profits controlled by rogue nations overseas. You become a market taker not a market maker. As a market taker you trade off jobs based on stolen IP and the profits and the GNP that brings, for cheap imported goods of questionable quality. You became an addict to the market maker who is the dealer of misery for your people. A country will never grow its wealth by being a dependent market taker. To all the insular thinking extreme lefties out there, you don't grow wealth of your nation by saving money. You grow the wealth of your nation by making money. i.e. investing, creating, producing, marketing, selling, exporting and making profits and of course providing jobs in that process. If you fold over because a rogue nation who's stolen your IP is selling you the stuff back, then that is your future being sold down the drain. You're propping up overseas jobs and national income and national profits at the direct expense of your own nations well being. Basically the west is propping up its own demise, which is why countries like China are laughing at us all the way to the bank and why they can afford to build up their military power, which will eventually threaten the west in a significant way. The west needs to get a lot smarter about this, because on its current trajectory, it's fast becoming historically irrelevant. I do agree however that US and Europe and the rest of the west, must quickly resolve their trade differences, because they are allies and clearly face a far greater threat in the future from the likes of China, especially if they keep squabbling among each-other, because that pays directly into the hands of rogue nations that threaten the west. The west now more than ever must work and gel together, otherwise it will fade into historical irrelevance.
Tacoma Doan (8 days ago)
you are drinking too much kool-aid from China
Prem Prasad (9 days ago)
There are no development costs when you just steal other people's designs and manufacture the products for 1.5 billion people. Add to that governments active abetment of such theft thru currency manipulation, coercion of foreign companies to part with tech, a totalitarian government that faces no opposition to it's economic policies , scant respect for intellectual property and a large market...
Jevon Sims (9 days ago)
Taking about BLU and BOLD at 7:11.😁 BLU gets white label phone for $80.00 then sells it for $200.00+👍
Гавран (10 days ago)
Communist have menager? 😐😑
Richard Tompkins (11 days ago)
The stole from. Everyone and everyone know it .
motwo3 motwo3 (11 days ago)
Donald Trump definitely watched this video to inform himself...
John long (11 days ago)
Aug 8 2017
Help Indian Charity Aswathi (11 days ago)
thanks i like this
winbel (12 days ago)
Anker's commercial video
ujjwal laddha (12 days ago)
I was 11th in that competition.
Mark Mulakush (13 days ago)
Whats with the loud stupid music? Cut it out.
Nicholas Lynch (14 days ago)
People never talk about how China has a fixed exchange rate system and artificially pegs their exchange rate to the USD. By undervaluing their own currency they’re effectively burning money to boost the economy and lower prices, it’s ridiculously unsustainable and just insane when you actually think about it.
Tunde Edun (15 days ago)
Labour force is the key #
Vincent Tan (15 days ago)
Anker's products are good.
Wang Yingsen (16 days ago)
China is the only major industry countries who build industry system basically only based on people,s intelligence and hardworking without any colony interest. while all the other developed countries more or less transfer the pain to the colony people a lot of them even been genocide. none western countries has moral advantage than china
Nocturnal Pyro (18 days ago)
I disagree, China might be efficient at manufacturing but at what cost?
Nocturnal Pyro (12 days ago)
shawn mendrek-likesalotofcreamincoffee yeah it’s a perfect way to make your child have some sort of disorder.
M C (19 days ago)
that map you drew us so off
Riddle Rİddle (19 days ago)
This is a PR work for Anker and it is brilliant. The AD's are improving!!!!
Brave Yang (19 days ago)
Summary: - Pay workers 3 bucks an hour - Sell in other developed 1st world countries for 200% profit
RPM Internet Dose (19 days ago)
china doesn't got cheap labour... they have a great consistent workers....
ANNAA YAABAY (19 days ago)
We muslim's we ll pan all chines manufatrures untill you stop the bad sitiution you do muslim's in china. We ll star revoulution unti china manufature in muslim countries.
Austin Martín Hernández (19 days ago)
Reminds that MAGA hats are made in China 😂
rogerwilco (20 days ago)
China produces some absolute rubbish. I'm yet to discover a quality product produced in China
Xiaopeng Wang (21 days ago)
The key of World Supply Chain!
jrukawa11 (22 days ago)
That’s where Trump comes in
saganist (22 days ago)
Very informative.
Joselito Fandino (22 days ago)
Cheap and uncomplaining and hardworking workers. That is impossible in the united states.
Paulo Avelina (22 days ago)
all products is fakeeeeee
本刀にهُنْطُ نِクスノギ کُسُنُگِ (22 days ago)
if shenzhen vanished tomorrow then the world would be free from technology let's all go back to the stone ages
Bob Joy (22 days ago)
shows a dremel grinder held by a girl with long hair. can't be real.
Red Butterfly (22 days ago)
Not only electronics but its also popular with immitation of luxury goods like bags, shoes and they can do anything u ask.
ABC DEFG (23 days ago)
What if Chinese language dominate the world?
Asyraf Cboy (21 days ago)
i would easily communicate with my closest friends which majority is Chinese Cantonese.
ricardo82shadow (24 days ago)
This guy is handicap ou blind?
jim fowle (24 days ago)
I bought my nephew a toy helicopter for Xmas, it was made in China. The 1st one the rotor blade turned 3 times then stopped forever. Took it back and got a replacement, this one even with new batteries never did nothing, no rotor blade movement, no sound and no lights. Took back once again and 3rd one worked for ONE hour then never worked again. The moral to this story is the Chinese produce total garbage and shit.
eboyblackout (25 days ago)
The background music was more than the vocals and such sad music @10:00
Alan Bucek (25 days ago)
China stole all of their technology. In China you have to partner with a Chinese company to sell there.
G.G. Reilly (25 days ago)
Everything that grows fast and falls fast when it leaps forward. Get it?
Tino Sossou (25 days ago)
Man ya can’t live 5 days in here with 80$ . Ya lying lol . Hotel in sz is minimum 80 - 100$
Roger Sheddy (27 days ago)
11 trillion dollars which equals 15% of world GDP. Yet China holds approximately 20% of world population... 1:14... Your question is why did China win 15% of the world economy... that is very easy. Richard Nixon decided in his second term to open up relations with China. Then in 1992 the Clinton Corporation decided to give China most favored trade status. The Chinese role in this was mostly one of Espionage for it has been revealed that one of the key interpreters and analysts working for the United States was a mole that had been planted in our government since the Korean War. So basically the Chinese knew what our negotiating positions were going to be before we even proposed them-- and could grossly outmaneuver our nation in those negotiations. 2:54 The talents are the traditional piracy of other nations and companies intellectual property. Where it is not outright piracy, there is the policy that has only recently been revealed to have been long-standing that any Corporation doing business in China must share all of their trade secrets with the Communist Chinese party functionaries so that they can spread it around to other manufacturers in China. Otherwise, no access. That is the primary reason that utilization of Chinese manufacturing resources is currently declining. 4:45..." you do a mock-up..." he means a straight-up copy of a western-designed product. A more accurate way of saying it would be to state "you reverse engineer...", 5:27 word travels fast especially when the Chinese Communist party and the Red Army have hackers and state espionage to delve deep into the R&D Departments of American corporations. That is the real reason they can come up with something that is an American design before the American company can do so. Piracy is like a Chinese national sport. It is also official government policy in a nation where protections of foreign patents are absolutely non-existent. 7:42 the generally rule nature of China was changed by the Great Leap Forward at the cost of many millions of lives. Next they mention how families moved to the big cities on a permanent as opposed to a temporary basis. and is because the real landowners in China the party functionaries who run the provinces decided to evict massive numbers of farmers from their land to create various speculative real estate developments. these are people who have nowhere to go and often become mole people or bunker people or whatever they call them who live in the Subterranean parts of these new cities. So they go from Farm poverty to Urban poverty. .... these are some of the Delights of central planning under the Chinese Communist Party regime.
Roger Sheddy (27 days ago)
@eviscerate dunda Sorry one more thing. You mentioned how Central planning cannot continue as the economy becomes more free. The top capitalists in China were all favorite people who had to become party members to start their climb. The theft of intellectual property internationally is conducted by the Red Army under the direct control of the Chinese Communist Party. It is for starters the largest hacking operation in the world. Do not let yourself be misled into thinking that the Chinese economy does not have control from those above at every level down to the smallest Corner booth.
Roger Sheddy (27 days ago)
@eviscerate dunda They are still communists. It is still State control of the economy and ownership of the economy by agents of the state. There is communism in theory and then there is communism in practice which is what this looks like. Same sort of thing happened in the Soviet Union where criminal gangs now own most of the productive facilities in what was the Soviet Union. Farmers do not have control over their own land as is shown by the mass evictions so that strange building projects can be put up to give Prestige to party apparatchiks. The social credit system is further evidence of the desire to absolutely control the citizen. Sure it changes with the times but if dr. Sun Yat-sen had been successful China would have been a more Progressive Nation than it is now. It would be interesting to see a Marshall Plan for China at the end of World War II if people had genuinely seen the threat that was coming. There is a question I have. So let us suppose that China had been carved up into separate Nations, and let us suppose that ultimately everything had turned into countries based on various cultural entities. Would a divided China turned into five or seven Nations really be such a bad thing?
eviscerate dunda (27 days ago)
ok sunshine, post ww2 ...not too many options for leadership in China, the west was about to carve China up. Hard times bring hard leaders and Mao was one no doubt. You should know that in order to restore and rebuild from chaos, there needs to be an iron hand, and this is what saved China as a nation. that does not disappear overnight. Singapore is an on going example though with a much simpler due to its small population and location. The manifesto of the regime is hardly what it was in the 50s or 60s, it's evolving with the times and needs of society now and it will no doubt go though more change in the near future. Central planning cannot work as the market becomes more free. You cant seriously classify the CCP as communist really, quasi communist at best.
Larry E (27 days ago)
Yes China has come a long way. Their manufacturing sector has done very well. Some of their products are top notch, but some other things are still junk. With all the progress and economic success why is it that people aren't immigrating there in large numbers? Could it have anything to do with how the government keeps a heavy hand on it's people? Look at what's going on in Hong Kong.
Gerry Chang (25 days ago)
Larry E https://youtu.be/Pl7VRRIs5Uo a little new clip from vice, just to give u a little taste of what is like in China now...believe it or not, it’s not propaganda at all it’s totally happening.
Gerry Chang (25 days ago)
Larry E all the best for you
Larry E (25 days ago)
@Gerry Chang I hope to see for myself how China is, at the least for my own curious mind. Nice to exchange viewpoints with you. But for now it's back to work, lol. Chat again sometime.
Gerry Chang (25 days ago)
Larry E you are very welcome to visit China and make judgement for yourself. TBH, every time I went back to China I am surprised how they changed year to year. I’ve lived in New York, SF, and also in Shanghai and Shenzhen. If we leave politics aside, I would definitely go for Chinese cities, not for me being a patriotic Chinese, simply for higher standards of living. This would probably shock you too. For one bit, China is basically cashless, yet in America we still use credit card.
Larry E (25 days ago)
@Gerry Chang your probably right, there are some things China is ahead of the US But the reverse is also true , at least on a technology basis. Other aspects of life there I would disagree with but that's another discussion. As for visiting China myself I may just do that because I will have more time (retiring next year). I could get a better perspective.
Sayantan Bose (28 days ago)
Actually INDIA nd CHINA together contributed 50% in the past. But nowdays china is astonishing...
Ben Walia (28 days ago)
It "wins"- so-called by copying the West!
eviscerate dunda (27 days ago)
salty?
Ddd Kkk (28 days ago)
China gets free and subsidized shipping. I tried finding a bit to cut steel and the best one from china broke immediately compared to years back,85, I bought an american one that cut like butter. Can not find one now. China's stuff is shit.
Terry Meehan (28 days ago)
I have never see anker product in Australia.. they seem good quality
MARUBA SILAEN (28 days ago)
CLOSE UP
infinitecanadian (29 days ago)
That guy thinks that people here don't sit around looking at their phones like they do in China.
songs adda and techanimo (29 days ago)
this is because china supported by European company and america company they give every possible support of technology and tools after world war 2 china supported by Russia ,they give them heavy machine and support development of infrastructure now china hhhhhhhhhhhhhhhhhhhhh
songs adda and techanimo (29 days ago)
one famous Chinese how against chinese government he told chinese always speak 's lie ,they talk anyone..... chinese talk according his benefit they don't care about anythings
Thisisliving Warren (29 days ago)
FREE slave labor. They are the new age slave masters just ask the wiegers. Over 1.5 mil people imprisoned for labor. No SSI, no health care, no retirement plans. It's just BAD for working Americans to buy anything from China.
Michael Kranyak (29 days ago)
Would you purchase a Chinese auto mine is from Germany. Does China mfg. commericial airplanes? No. Do they mfg. and export weapons? No. They buy Russian weapons. There f20 fighter plane is a make believe stealth jet that India tracked on standard radar 800 mi. away. Cheap shit for Walmart. Yes.
eviscerate dunda (27 days ago)
yes they do make comercial aeroplanes, and weapons too, research more hick.
Fozz Gate (29 days ago)
No problems with Chinese products, but a major one with their government wanting to invade Taiwan and letting Kim going ballistic.
fyt fan (28 days ago)
taiwan problem is not a international thing,it is an internal argument caused by communist party and koumintang part's civil war.
Venkat Babu (29 days ago)
Small scale defense electronics and nanotechnology products are the highest demand throughout the world. Especially electronic robots in manufacturing industry. Even a 5 year old needs a f16 miniature version.
Love Abaddon (1 month ago)
Communism always wins. Always. Embrace it now or you will perish.
Love Abaddon (1 month ago)
@roger gerritsen no one care about fucking Venezuela. China rules the world.
roger gerritsen (1 month ago)
Venezuela disagrees as well as other starving countries.
Jim Wahl (1 month ago)
Okay. "Its technology " was far behind the West. Period. Math, science etc. Not comparable. But let's PC this up and revise history
Gerry Chang (25 days ago)
Yep chinese stole 5g from America, says Trump.
Ellenor Bovay (1 month ago)
I've worked for Engineering companies for 35 years, mostly American. It's over for American manufacturing, most Americans don't know that yet for some reason, which seems very odd to me. They can't compete, and once you lose manufacturing, it doesn't just "come back" like a bird that escaped from a cage. It takes many generations and hundreds of years to develop manufacturing infrastructure and capabilities. The automobile industry we are currently losing, started in 1886. The US was the best in automobiles, but 134 years later, we have only two companies left and one of them has already gone bankrupt and was bailed out by the government, the other has stopped producing sedans and will only make trucks and SUV's. It's over for US manufacturing, it was a good run, but you better get ready for a country that doesn't build things anymore.
John Smith (1 month ago)
Because Chinese factory wages are considered slave labour anywhere else. How else are 70" flat screens $600 now.
John Smith (27 days ago)
@Lord Greystoke Its called China with the 2nd largest economy but ranked 73rd in GDP per capita (Behind Lebanon) http://statisticstimes.com/economy/countries-by-gdp-capita.php Because many work for peanuts.
Lord Greystoke (27 days ago)
It's called technology becoming better with time and manufacturing becoming more efficient with time.
Kaden (1 month ago)
I love Anker. Best on the market.
Zeek M (1 month ago)
Because the U.S. allowed it.
John Smith (1 month ago)
Because Americans do not work for $3/Hour.
dave Davidh (1 month ago)
China is where it is because of its unfair trade policies. It forces western companies to share their technology if they want to do any business.
orchid2862 (29 days ago)
Bullshit!
mohamed warsama Boss (1 month ago)
What will happen if China's skilled middle class demand a better living standard over the long run as the export phenomenon slows down and the prices skyrocket?
Romy Garcia (1 month ago)
You forgot the violation of intellectual property rights. The J22 fighter plane of China is a replica of tha US Raptor! We salute China. Such ingenuity.
Zubair Khan (1 month ago)
Her name is Alyssa and his name is Steven. Oh yes. Of course.... the had to be a Johnathan Ya right
Shawn Clark (1 month ago)
What did he just say at 4:25? China does not charge taxes on exports while America does not charge taxes on imports! Are you beginning to see the problem here?
Hu Roger (1 month ago)
There will be only two nations in the world for manufacturing, China and others.
EVA NGUYEN (1 month ago)
@Duke Jivetalker you are far behind. keep up the news it will help your knowledge abit. GM cars vs Japanese cars? or maybe Chinese cars like the Nio? how about DJI drones and cameras. I did not even mention the fordable phone from China yet.
Darrell Barton (1 month ago)
FUCK YOU !
gentry black (1 month ago)
Lol, everything costs less in china and labor costs less too. Nice blanket statement. Slave wages. In areas that aren't as economically prosperous and in those factories where there is manual labor it shows how communism truly thrives off of those who are unable to rise above their stations in life. I have several friends in China from very impoverished to very wealthy. Your blanket statement while true was also very misleading.
Comunista Panameño (1 month ago)
gentry black go do your research I’m actually surprised you think you have the capacity to read past a fourth grade level though. Since you think democrats=communists... XD
gentry black (1 month ago)
@Comunista Panameño The only way that will happen in America is if the Democrats start getting more votes. People don't generally put down their sources when just commenting. A couple of the things you were talking about I am going to research. The difference between a stupid man and a wise man is the willingness to do the research and accept new and even contrary information in this context. I am always willing to learn. Sometimes I maybe proven wrong. I am not perfect. I just try and make the best decisions by extrapolating the information I have to work with.
gentry black (1 month ago)
@Comunista Panameño Generally I don't even respond when a person's come back is..... You are really stupid.
Comunista Panameño (1 month ago)
gentry black the communist party has guided the country in a way where they can build their country further for a modern socialist country in a couple decades...if anything its a strategy in which the people which are enjoying a more prosperous middle class and are bound together for a common purpose of communism. They are able to experience not the best of both worlds but the best of communism with many thoughts including Marxism Leninism, deng xioping thought and countless others. How because of the opening up and using a Marxist approach which by now is he best analysis of capitalism into one where in 20 years you Americans will go through the same process.
Comunista Panameño (1 month ago)
I hAvE fRiEnDs muuuh freedumbs
persimmon (1 month ago)
Product made in China for $1. Sold in the US for $1000. CaPiTalIsm.
ADUSN BasedGod (1 month ago)
die commie