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Low labor cost countries are also plagued by low labor productivity. Maybe instead of countries chasing low labor costs, they will continue a shift towards regional models in an attempt to cut down on local supply chain costs and tariffs. Mexico offers the best of both worlds, with better wage to productivity ratio than China, Vietnam, or India and also very low/no tariffs. It's a triple whammy when you consider its proximity to the US:
Unfortunately, things don't work as simple as that.
You mentioned Eastern Europe, with wages half of those of the western part you would think Romania and Bulgaria would be flooded with factories, right?
Well, there is a tiny problem...
Most of them have fled to the western part of the EU, some 6 million according to sources, 6 million out of 20!!!
I didn't believe at first when somebody told me that they are granting 30k licenses for foreign workers out of South Asia because they lack people.
https://asiatimes.com/2019/11/romania-hungary-fill-labor-shortage-with-asians/
Same for Mexico, sooner or later almost all of the working force will think of crossing the border.
What you need is a workforce that is a prisoner in its country, where there is an insane reservoir of workers that move only by the approval of the state, the 300 million migrant workers of China, and ....a country where as long as you pay you can beak the law (forget labor laws, pollution, and everything that comes with them) One of my friends has worked for 10 years in a petrochemical factory in a 3rd world country, they were dumping all the waste as certain hours, and after that, they would call the inspectors and they would give them, yeah, they would give them the samples of water that they have to test!!!
Apart from car manufacturers or electronics, low-cost manufacturing will never leave south asia and then only to head for Africa..
You simply need nothing more than a cheap workforce with no unions and a government that can be bribed for everything....or ...robots!
Iphones, they could start manufacturing those in Mexico or Bulgaria, 1euro slippers...nope!
Let's look at the timeline of events.
Start the timeline in December, don't forget about the US soldiers that bought the virus in November
, don't forget about the death of Li, and the hot pot celebrating the communist party archivals in Wuhan.There are millions of atypical pneumonia cases per year in China. Because of that, it would have been very difficult to recognize the possibility of novel infectious pathogen until a sufficiently large surge of cases triggered detection
Hihi, stop here!
There are only 7 types of known IIP which is one of the 32 types of pneumonia by cause, compared to more than one thousand for infectious ones.
The simple fact they claimed that they discovered another non-transmiting one would have been a medical breakthrough!!!
We have silver that is not silver!!!!
Common, they have bullshiting us for months, and nobody trusts a thing they say. Well...except for some around here!