The End of Cheap Chinese Labor 

Will there be more episodes of China Actually?

No thanks

I already have Nebula but, respectfully, you should consider putting in some conclusion to your videos. Both on Nebula and with SponsorBlock, they just abruptly end and it is awkward. It feels like something is missing every time. I love your channel and always click on new videos, so I hope you take it as constructive feedback and you grow even faster. Thank you!

@PolyMatter -Evan is kinda corporate, I would drop it

I am a Chinese college student studying in Macau (this is why I can log in to youtube). My impression of Made in China is that almost all the things with visible trademarks around me are made in China, and the really high-end European, American, Japanese, Korean and Taiwan products The product label cannot be seen, because China is responsible for the assembly and integration solution provider, but China is overcoming this phenomenon and manufacturing real high-end products by itself. About housing prices: Regarding China's housing prices, my understanding is: China is a land-oriented economic development model, buying a house = buying national bonds = the country's future prospects. When the country's prospects are all the way up, the house will become more and more valuable, and the repayment of the loan will become less and less, but this will only make the college students/graduate students who graduate later and work more and more painful. Regarding education: It is worth mentioning that the college entrance examination is extremely unfair. China can be roughly understood as having three types of universities: A CLASS, B CLASS, and C LASS. In 2022, high school students in Beijing have a 46% chance of being admitted to A CLASS universities, while high school students in my hometown of Jiangxi Province have a 41% chance of being admitted to A, B, and C universities in 2022. Beijingers get into better universities just because they are Beijingers and their test papers are easier. Supplement: Part of the content is contrary to the content in the video. More and more students can't accept to engage in physical work after studying in college, so more and more people hope to continue to graduate school, to avoid entering the workplace or hope to get a better job, so China's Postgraduate examinations are also gradually creating new records for the number of students. And the graduates/postgraduates contributed a lot to the unemployment rate after the lockdown. On the one hand, the society scoffs at those who graduated from technical secondary schools/college/vocational high schools, and the wages of those engaged in manual work are not optimistic, and they are very tiring. About childbirth: I asked several female friends around me, including girlfriends, that they all resisted childbirth. The reasons include the great pain it brings, the huge damage to the appearance after childbirth, and the hard work of raising children. and time for yourself.

Is child helping on family farm count as child labour? Or only counts if he/she working on others place?

​@@Snp2024 Thankfully something which is considered a crime against humanity has got legal definitions, a kid driving a tractor in Ohio is different from Uzbekistan child cotton pickers

@@Snp2024 Think meat processing plants.

This is probably true in some countries but child labor in African countries is a bit different.

My great-grandfather who grew up in Florida in the 1950's didn't learn how to read because he worked on farms instead. Especially in the Orange Groves. He was tough as nails though, kept working in his garden into his 70's

I mean go to any farm now and you'll see the whole family working. It's just the reality of life that farmwork is labor intensive and wages go up, no one wants to do back breaking labor on a below subsistence wage. It's no wonder farmers get so many subsidies, otherwise no one in the West would be profitable

PolyMatter has jokes 💀

I am a Chinese college student studying in Macau (this is why I can log in to youtube). My impression of Made in China is that almost all the things with visible trademarks around me are made in China, and the really high-end European, American, Japanese, Korean and Taiwan products The product label cannot be seen, because China is responsible for the assembly and integration solution provider, but China is overcoming this phenomenon and manufacturing real high-end products by itself. About housing prices: Regarding China's housing prices, my understanding is: China is a land-oriented economic development model, buying a house = buying national bonds = the country's future prospects. When the country's prospects are all the way up, the house will become more and more valuable, and the repayment of the loan will become less and less, but this will only make the college students/graduate students who graduate later and work more and more painful. Regarding education: It is worth mentioning that the college entrance examination is extremely unfair. China can be roughly understood as having three types of universities: A CLASS, B CLASS, and C LASS. In 2022, high school students in Beijing have a 46% chance of being admitted to A CLASS universities, while high school students in my hometown of Jiangxi Province have a 41% chance of being admitted to A, B, and C universities in 2022. Beijingers get into better universities just because they are Beijingers and their test papers are easier. Supplement: Part of the content is contrary to the content in the video. More and more students can't accept to engage in physical work after studying in college, so more and more people hope to continue to graduate school, to avoid entering the workplace or hope to get a better job, so China's Postgraduate examinations are also gradually creating new records for the number of students. And the graduates/postgraduates contributed a lot to the unemployment rate after the lockdown. On the one hand, the society scoffs at those who graduated from technical secondary schools/college/vocational high schools, and the wages of those engaged in manual work are not optimistic, and they are very tiring. About childbirth: I asked several female friends around me, including girlfriends, that they all resisted childbirth. The reasons include the great pain it brings, the huge damage to the appearance after childbirth, and the hard work of raising children. and time for yourself.

​@@hongchenfei 1987

i mean he is not wrong most of us would be farmers if the industrial revolution did not happen

是的，回想起来我第一次坐高铁都不知道应该是如何一个流程，中国的教育更多的是考试而非教育如何学习、思考和生活

Tell me a country where graduate students have the skills or the resilience to work as a skilled labor in factories

When graduate students need to work as factory workers, the country's economy is already dead.

​@@leoli8819 Not the point. A high pressure, high stress environment where one mostly learns how to take tests is terrible at producing well rounded individuals. When you hire a new graduate, the intent is that the previous generation will pass down the knowledge before they hit retirement age and it gets lost. The social skills, the ability to think outside the box, etc are just as valuable as tests, but kids don't "cram" for that.

I think the main objective of this type of education is not to teach them but rather act as a filter to select the best students, due to the disparity between large population and the available resources.

Next Indian labour?

Followed by Nigeria

@@sakshamagrawal6984 followed by Pakistan

​@@dhirajgawande007 what's next?

@@sakshamagrawal6984 india and nigeria are yet decades away.

I think a part of the idea, 15-20 years ago, might have been that if China could make its citizens stop having children, it might be able to encourage them to have more. But thats just my thought, I have no evidence to back it up.

Coughs in Bengali*

@@onesmallstepatthetime6914 *Bengali and they're industrializing more quickly than basically any other country in human history. They still have most likely a decade or two before sweatshops can be entirely phased out, but they're practically the poster child for cheap labor's transitoriness.

​@@p00bix Bangladeshi* Bengali includes indian people too.

@@andrewalltheway I know. I'm referring to the Bengali language. There is no 'Bangladeshi' language

It can't be true, China has clean Air, they do NOT pollute the whole planet burning Coal and they don't pillage all ocean sealife at all

get nubula lol

Ikr

​@@ernstschmidt4725 no

i thought the same thing. he needs to actually END the video, and then transition into an ad. it was very disappointing.

China will too have that wind. Unless they introduce protectionary policies, they may lose their manufacturing to India and other poorer countries. I'm not saying it's all bad, the average joe is much better off and a middle class now exists. Just don't expect that current account surplus to continue, because historically it hasn't. Just like how the English usurped the Spanish with the cheap labour, and the Americas replacing the English.

The labours being paid much higher is true, but they are not willing to consume is another matter.

⁠@@DeadManWalking-ym1oohigh unemployment rate doesn’t mean it’ll stay forever. Young people are realizing the difficulty and turning to labor jobs. New economic circulations are under forming. Unlike most other countries, China has enough control to let people not starve even without economic circulation and eventually get over the transition period.

Well said and well OBSERVED

Lies again? Champions League Cheap Athletes

Not to mention about OEM manufacturing, western brand now is just ordering a order production on china OEM company and slap their logo on top of it.

My cousin who is a seafarer said that Chinese ports are mostly automated it barely have a dozen people in there when their cargo ships docked. It is insane. It is no longer cheap labour anymore but the lack of it and the speed they are modernizing their logistics and manufacturing capabilities.

@@siarnaqfrost4968 which rendered many jobless when jobs were already hard to come by even before pre pandemic era.

@@siarnaqfrost4968 欢迎来中国旅行

​@@MrNajibrazak their automated solutions are used for the Chinese society And as for joblessness in most other countries is because of the lack of alternate skills. Just look at how much the government is investing or subsidising the education sector and you will know

I so look forward to the day that the powers that be conclude that we have to bring back manufacturing home. Every dollar you sent to China helps build another aircraft carrier or military aircraft.

@@nzs316 and you're giving them your product for free because they will copy it and resell it for cheaper

​@@nzs316 Says the guy who types his comment on a _Chinese_ manufactured keyboard, looking at a _Chinese_ manufactured monitor, his had on a _Chinese_ manufactured mouse, with a _Chinese_ manufactured iPhone in his pocket.

@@shotelco And your peripherals are not!

​@@shotelco and? he said he looks forward to the day, not that it is here. also fuck do and the ccp

@@bjoe631 I keep wondering how people earn money in financial markets, i tried trading bitcoin on my own made a huge loss and now I'm scared of investing more

@@Florencecoxx That won't bother you if you trade with a professional like *Mr Gary Mason Brooks* my coach, you may have come across him on interviews relating to bitcoin and stocks. He trades, manage trading account and offer mentorship program for clients who wish to become professional investors.

@@bjoe631 You allow people to trade for you? that's interesting, I would love to learn, hope it’s safe?

@Queen OF Love This is the Fourth time I'm seeing someone talking about Mr Gary as there are lot of testimonies about him, do you know him ? if yes , did you invest with him.?

@@Florencecoxx It's 100% safe and legal, He’s an expert trader on stocks and bitcoin. I basically do nothing but collect profits, he was able to get me in early on most of these stocks and I exited just at the right time, his analysis was really on point..

Indian labor is unskilled, unproductive, and it might be rude to say, but they are "rowdy"... I heard about the vandalism in Foxconn factory by Indian workers. No wonder companies prefer countries like Vietnam where people are obedient.

i had no idea😅.

Do you have a prediction on our expensive future? As I foresee the job market shrink and prices on goods rise with loss of cheap Chinese labour. Any recommendations for avg ppl? :)

​@@iXpertMan China is already using AI on the backend Just imagine them operating 247 with AI with all the cheap 5G technologies and industry 4.0 implemented throughout China Can the other cheap labours countries compete ?

@@Cheesecake99YearsAgo yes. Easily, because China is crumbling. The rot is beginning to surface.

I agree, Nebula is a little light on features. I am subscribed to it to support the creators, but it can be hard to use and I wish they would work it out..

@@froggieboy8 I had to unsubscribe due to wanting to save up Money for a laptop and VR. But I'll be sure to rejoin Nebula next year after I have a new laptop. I do like supporting non RU-vid groups.

​

This is moron-think. No children, no nation.

​@Jack Smith you need a source for the sky being blue? Look out the window.

@Jack Smith Is that supposed to be English?

@Jack Smith What does this have to do with Zeihan? You're trying to claim that actually children in cities are working and in the countryside they're going to school.

Economically speaking kids are worse than useless. They are expensive but worth it

What really? epstein and biden loved them 😢

​@@BigBoss-ps6vk😮

​@@BigBoss-ps6vk 😭😭😭

​@@BigBoss-ps6vk Westerns love kids though, all of you.

Mexico is close to the US so goods transportation is also low cost

China supports those Mexican cartels. Decoupling from China would reduce a lot of the world's stability issues.

And China has the CCP that closed down the country for 3 years. Mexicos problems is less cartels and more incompetent policies but yet they are seeing a huge growth in manufacturing. They are next door to US (biggest market in the world) and have free trade within North America. They are in great position to take many of those jobs from China and already are doing so. In fact, many Chinese firms are opening up shop in Mexico joining American, Japanese and Korean companies that seem to dominate many parts of Mexico.

also consistency. you only have to bribe the ccp. in any other country you have to bribe multiple politicians, that may or may not be in office next year. imagine having to bribe another politician.

@@namenameson9065 How lol? China bad

apple hires the cheapest source. FoxConn treats their workers like shit. FoxConn has more influence over FoxConn's employees than apple who is merely a customer even if the largest

I haven't heard of this, what happened?

Have you seen the pictures?

The nets solved it.

@fdbj8795 I wouldn't belive anything that Apple says, unless it was something along the lines of "we only care about your money".

was looking for this comment.

为什么这些外国人每当谈到华人政治问题时都这么不专业

​@@lotrlmao1648 We're hardly professional about our own political issues, so nothing new under the sun 😅

was about to address this as well haha

Same thoughts lol

It may not be, it will depend on what field you study. The skills of a human being need to be varied and life-improving, more than narrow-focused. Although specialists will make more money, over the longer term.

Hmm I don't buy it because most most Asian kids born in the 70s or later, with exception of Japanese cannot rely on the parents to do their homework for them and get a passing grade. If you're talking about elementary school, yes. Idk where you got that from, someone was probably telling you that because you appear to be gullible. Asking your parents to do your homework, get two slaps across the face.

Man, that’s true for 1990s. Now it’s 2023. Things are completely different. Living in US literally makes people forget how fast things can develop.

I’ve worked as a technical instructor for a technical community college in the New England states and I can also relate to what you mentioned. International students from China are either exceptional, or mediocre students who are trying to get by, or they’re from wealthy families and just here to party. Typically, the smarter, more motivated ones go on to state/private colleges for degrees in medicine or engineering. Those in community college are just trying to pass so they can transfer over state/private college programs or are there to not really learn anything but to waste time.

In some way you are right but I think that does not apply to the vast majority of companies

yes, Steve jobs said, they're not manufacturing in America as they don't have enough basic engineers.

true, in term of GDP size. But in term of employment?? I dont think so, there is no way you can migrate all of those cheap factory workers to service sectors overnight... Thus, the factory might need to relocate somewhere else for most of the workforce ...

at that point might as well bring em back to the US lol

Only half of the 'Made in China' stuff is actually made there. The other half are partially assembled, shipped in & 'finished' there. The have the factories but the workforce is getting more expensive. IP theft has skyrocketed. The faltering economy, Xi going full on tyrant, investors beginning to have difficulties getting their money out. More gov interference in companies,, sanctions, increased risk of conflict with the likes of Taiwan. What kept companies there was the sunk cost fallacy. Financial investments & time taken to go elsewhere. However with Covid shutdowns, new cases of covid, flu & gov measures etc is simply the straw that broke the camels back.

For the west, Europe is semi fucked. They have demographic issues but they can support it a little with immigration. USA and Canada are pretty good for now. They are the most immigrant friendly places in the west and have really good numbers. I think the US is around 1.7 for fertility rates, which is one of the highest in the west. East Asia is super fucked. They have some of the worst demographics and don’t really like immigrants. Unless people switch to a different economic way or new technologies come out, they’re screwed.

we are also reproducing below the replacement rate but supplement that through immigration

The demographic issue with China compared to West isn't birthrates slowing down. That's a natural societal progression. The difference with the West is the sheer speed. They went through in like 40 years what the West did in 200 something years. This allowed many Western countries to gradually get used to slowly aging population with a shrinking workforce.

@@chinguunerdenebadrakh7022 and Japan is a good analogue and way to predict what will happen to China because it's right in between the west and China in terms of speed

​@@chinguunerdenebadrakh7022 The reason why the West could afford 200 years while China only 40 ? Because of colonialism. The import based economies of the colonies served as a cushion for the industries of the West, captive markets that could only trade with their colonizers, discriminatory trade agreements which saw zero tax being levied on imports from the colonizer nation in the colony, but the colonizer would impose high duties on finished goods exports from its colonies except raw materials. This allowed them the luxury of a slow transition. Taiwan, South Korea, China etc are the first countries that have developed through market economics, not through gunboat economics. Their challenges and solutions will provide a pathway for other third world nations, especially those in Africa, a route to follow.

Sshhhh..this why most people soon won't have jobs here in the US... cause companys are reducing labour's yet charging more at the same time. This world is broken and a joke.

@@Sky_Blaze funny how we might become the part of the statistics in this video, 😔 man life is hard.

@@NFFFFFFFF life's a joke

But Americans want actual slaves making their products.

@@Sky_Blaze It's called technology advancement If your skills are outdated and not needed anymore then learn something else

really? name every channel.

Delete the "equity departments" too 😎

And take shorter showers to save water.

Companies don't buy either

@@ceoatcrystalsoft4942 that’s the joke

& lack of employee protection laws that does ultimately contributes to the rising cost of wages etc when lives are cheap in China. in China, for every labourer which perishes at work, another 100 are queuing up to take their places despite the lacking of proper laws to protect workers though a communist nation. laws exists primarily for the interest of the party, not the people.

​@@MrNajibrazakHow are working conditions in the capitalist USA, or south Korea?

What makes China unique is that you have a massive cheap labor pool and the 2nd largest economy with strong buying power all in one place.

@@CommunistBot workers in the US have far more safety regulations that protect them compared to China.

@@CommunistBot how does the us or korea have bad working laws?

@DeadManWalking-ym1oo many companies have done that, but even then, building in China might be cheaper thanks to Govt policies, land, cost of setting up, and operating (and maintenance of machinery). Plus, they might often hold patents for the automation as well.

@DeadManWalking-ym1oo all true. But most businesses accept the risk of dealing with China (I know many individuals who do as well when they order on Alibaba from Europe or India). Regarding transport costs, apparently they are very low if the goods are being imported by a company on a large scale (often negligible compared to actual product price) thanks to logistics network today. Note that most decisions are made by businessmen not govt. To make organisations take actions, govt needs to give incentives.

If you don't you have to invest money researching and you count on stealing other nations' technologies, you have huge surpluses

Plus a lot of things are subsidizing in china

Don't forget the automation. China automation on port is astonishing. Barely dozen of people and can unload massive ship

Totally agree - getting an apprenticeship can lead to a well paying job - or if not, a secure job. If you're willing to move for the apprenticeship it could be six figures a year. The work you do part time (which counts toward the apprenticeship) is paid, and the part time vocational school is also compensated in most countries.

I think the west also stigmatized trades. Anyone with good grades would get weird looks from family and friends if they decided to be a plumber rather than go to university. Even if the plumber would probably get paid more haha

@@Nothing2150 in Asia it's weird because we all study so hard, day and night, that we are in a "too educated" situation - we literally have no trade skills, and can only do academics. Unless one enrolls in trade school, which the family will never sponsor lest they see you as a "failed graduate / dropout", there is no one to do trade except the "grew up in the streets" folks. It is very dichotomous. Graduates do the managerial and academic-heavy technical jobs. The rest are highschool-ish level folks who learnt the trade by hand from some mentor. So there's this weird gap that is supposed to be well skilled trade jobs that are too "tacit" for the booksmart graduates to learn, while too "technical" for the folks who learn the trade from scratch without formal training. It's all or nothing. If you're studying, you better graduate or give up and start working. It really underestimates the value of trade work that many many folks miss out on, just because they couldn't Memorise their 成语 proverbs and a2+b2=c2s. Who knows how skillful they'd be in carpentry or machining but are left to tie bamboo scaffolding and lay brick after brick to nurture their oldass parents

It's a problem in some Western countries as well. US still expect college degree as default. UK too over-emphasise uni degree. You'd have to look towards the likes of Germany for examples where vocational training is on equal footing with college/uni degrees.

@@Nothing2150 In the past, but that’s really starting to change nowadays. I’m a university student and I hear people all the time talk about how viable of a career path trades are if you are smart about it.

Yet he thinks China Airlines is China's...Unless he thinks Taiwan is part of PRC...

@@noob.168 Taiwan ‘s official name is Republic of China. Red China is People republic of China. Taiwan is part of China but not PRC. The RU-vidr probably thinks the China airlines is from PRC. It is actually from ROC.

@@naohdeng838 PRC is the China, ROC is forced to kept "China" in its name because PRC kept on threatening invading the island if they change their name to republic of Taiwan. as you a Chinese person you should know this already. As a Chinese person myself, I would recommend get away from China as soon as possible, the country as a whole maybe strong with 1.3 billion people, but if you are young and without a wealthy family or high ranking CCP connection, your future is fucked

Yes and no because China also benefitted from capitalism making things like the iPhone possible.

You can use vpn in China to access, YT, FB, Google, etc. When I travelled to China, I have 2 options. The first is to use vpn with a Chinese sim card. The second is to enable roaming since my telco is based in Singapore. I have also used a sim card from a Hong Kong based telco. I just enabled roaming when I am in China.

@@nsng1298 It is very expensive to use a Hong Kong calling card to open roaming costs. I use a Chinese VPN, 2usd can buy 130g of VPN traffic. I used 40g for forty days.

我用的 75一年 速度挺好的

@@kendrick5994 你这个更是重量级，不过我一年有八个月时间在澳门，不需要一整年的，12块130g的vpn简直爽歪歪

那兄弟你还打算回中国大陆发展吗说实话？😂

Unless it was a subtle jab that the ROC is the true China, as China Airlines is their commercial flag carrier. This sequence was talking about travel between China and San Francisco. Even though everyone knows it between San Francisco and mainland China (or West Taiwan for other folks).

You need to know the official name of Taiwan is Republic of China. The world actually has two Chinas. ROC 🇹🇼and PRC🇨🇳.

@@graystoke8229 your comment may anger many Taiwanese people 😂

was looking for a comment pointing this out lol

Yeah, that’s because Taiwan’s official name is Republic of China.

@@TechieWidget Still not the "People"'s Republic of China

Biggest mistake of this video.😅

What’s the GCC, mate?

@@dumdumbrown4225 Gulf Cooperation Council countries: KSA, Oman, Bahrain, Kuwait, Qatar and UAE.

did stepjan invent iphone?

Just useless in general

@@ThwipThwipBoom I take it you don't like kids or have any?

@@daivdsmith3746 I don't keep things with no use around

Never mind. Uruguay seems to be on a good path for the future. Part of the reason Chinese labor is so expensive is because of the real estate bubble.

Igual solo serían a lo más 4 países en Latinoamérica : Chile, Uruguay, Panamá y Costa Rica ? .. En conclusión: Uruguay cada vez más cerca a los países europeos que latam : / ( saludos de 🇵🇪)

Unemployment rates exclude those who aren’t looking for a job, so that’s accounted for.

@@KingArthurWs That's even more distorted. Those within the 16-22 year range that are looking for jobs could be around 20%, and if you're only counting that group, then of course the data will be distorted to make the unemployment rate much higher than it actually is.

@@cleve21ful What the hell do you mean by that? That change accounts for things to make it a lot lower.

@@KingArthurWs From my understanding. The data is excluding people that are not looking for work, which could literally mean 80% of the population between 16-22. Now, you're only picking the group that is looking for a job (Let's assume 20-30%), and within this group, only half is able to find a job, so that's a 50% rate. If you use this 50% rate to combine with the rest of the data, that means the rate is going to be much higher!

@@cleve21ful No it would mean 50%. You wouldn't use the full number of people as your denominator, you would use those 20-30%.

a big hater, he cant do better

If only he wasn't so bias against China, these vids would actually be decent.

​@@AznVinc3nt I haven't seen much of his content, can you give some examples?

​@@ИмяФамилия-ф2д8ш almost every chinese related video is talking about negative or make it seems worse than it is. Almost outright lying at some point

@@BigBoss-ps6vk He's far more neutral than other China channels like Serpentza, China Insights, China Update or the mother of them all, China Uncensored. He's about as unbiased as you're likely to get from a westerner on China.

Belt and road initiative to debt trap, Pakistan which is basically a economic colony of China, Tibet invasion, failed invasions of Taiwan, indo-sino war, sino-vietnam war, north vs south Korean war 🤨. Learn before commenting something bullshit

Exclude india ,india not following East Asian development model .

not all wrong, just tremendously wrong and exceedingly obstinate😅

​@@helsreach001India re-define what is industrialization， Turk re-define economy.

​@@helsreach001 China and India have almost the same population and economic situation, even India's GDP initially exceeded China's, why China's GDP is now six times that of India, this is a question worth pondering

PolyMatter has never been to China or a Sinologist so he doesn't have a complete understanding of why and how China does things and some of the issues presented in the video are viewed under western lenses which are flawed instead of applying Chinese ideology.

@RC Stat genuinely asking btw, dont wanna sound rude but im just curious. Such as what issues?

@@soar3135 topping the question.

Most of his China's videos aren't that good. It is filled with the usual ''Chinawatcher'' tropes about why and how China can't do that because it isn't a liberal democracy. It is preaching to the choir. It is the usual no sense that the evil Chinese is always in a state of collapse.

@@soar3135 Maybe constantly talking about some sort of demographic collapse when countries like japan, korea, italy have worse birth rates. I have never heard anyone make the bogus arguement that south korea will collapse in half a decade despite their birth rate being 0.7, almost half of china

Guess people’s greed and lack of education is the problem - but hey, this is what drives the economy indefinitely, why stop the money train? Just make sure you’re the smart train driver ;)

85 percent of India's population doesn't have a high school education too

dhotis😂

Alot of people dont!! Life is a reality and alot of people can't stay in school..and on top of it it doesn't help that most schools teach meaningless BS. And once you get to college and stuff God only knows how much money it takes just to be able to be there which guarantees, nothing. The elite are holding a carrot in your face that you're never going to get.

Free public education in China is 9yrs. Many living in the rural or agriculture areas enter the workforce soon after graduation.

@@MyMovie5858 Are college fees too expensive there? I mean how long can China sustain itself without it's population having a high degree if it want to be a tech giant

Yes, because there are no young people working in these factories in China. But the quality of other countries is worse than China. Do you agree?

stuff made in vietnam kind of sucks

@@yuanruichen2564 It's a matter of time. Anyone who makes fun of a specific country's bad products clearly doesn't understand that it takes time. Japan had inferior products before too. In US, people had always made fun of American made cars but for some reason can't seem to understand every country's cars went through those stereotypes. It was the Japanese, then it was the Koreans, and now it's the Chinese. Next is probably India.

@@dailyrant4068 Now chinese products are sold in the us two times more expensive than sold in China

@@dailyrant4068 The problem I as a parts "sourcer" (well, maybe I was a "parts sorcerer" too, but that was a different part of my old job!) had was that only a very few Chinese supply chains did not by the time one got to maybe the 3rd or 4th production run, end up somewhere along the line somebody decided to slip in a little short cut -- forcing us as the US based assemblers to have to do crazy amounts of incoming QC, sometimes discovering bizzarro problems in performance that could take weeks to figure out just exactly what had been changed and where. Then get somebody to take responsibility(!!!) all while OUR customer was screaming bloody murder about the delivery snag. Both through business and especially through my Mom (long story) I used to have many Chinese friends here in the US too -- mostly they were sweet, wonderful people, but I'll be damned if they didn't often have that same sort of devil-may-care "shortcut" mentality about more ordinary "life" sorts of things. I suppose AI robots won't think like that... But if AI takes over most work eventually, can humans manage to not go crazy?

I disagree. Education can be in more than calculus. It's the difference between moving dirt by hand/shovel and moving dirt with a excavator. One can be done by literally anyone without training. The other cannot.

Formal education and having the skills to complete a task are not the same but the term "skill labor" literally refers to someone who works in a field that requires a degree or specialized training usually through a vocational school i.e. pilots, electricians, and nurses are all considered skilled laborers.

Lots of western countries haven't had wage stagnation though. For example, Sweden and Norway have increased the wages of the middle class substantially since the '90s.

@@TulakHord-wi6izrobot 😞

@@TulakHord-wi6iz so robot aren’t going to steal our jobs in the future?

@@TulakHord-wi6iz ohhh thank you for clearing this one up

​@Tulak Hord It's already happening, China added more robots than the rest of the world combined last year.

zeihan?

@@aryaaswale7316 Correct

🤣🤣🤣🤣

go check the FDI data of China first😓

There are also different regulations for different entities...some of the stuffs you heard online are taken out of context.

average Western Taiwan indepdence supporter

That is because Taiwan's official name is Republic of China.

Australia might as well be china 2.0

It was a really interesting book. Although also sad if you care about kids on the other side of the world.

Sure but just making money doesn’t make you rich.

@@asad-kc8zf So how can we get rich? At least I have felt we are getting richer and richer in recent decades, and such a great change in China is done in a completely peaceful way.

@@asad-kc8zf china couldn't bomb iraq like us

Less likely. It is not until the China started to in large scale develop their companies business overseas, backed by government, the japan only follow the same roughly at the same time of china. And china has some edge advantages compared with Japan, with all the still low cost manufacturing line. Japan only retains the high tech industry, the others are all long died off.