this post was submitted on 17 Jan 2024
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[–] TheBat 2 points 10 months ago (1 children)

"China is no different to other countries that have deindustrialised and moved into the service sector. The population becomes more educated and skilled and healthier, and they want to do other jobs rather than work in factories or construction," said Prof Gietel-Basten.

Deindustrialised? China?

Who's making all the stuff then?

[–] [email protected] 1 points 10 months ago

China still makes a majority of the stuff, due to being local to raw resources (chinas major power in the industry, resource logistics), but for businesses that dont require as many resources being nearby, you see production move, mainly into countries in south eastern asia, like Thailand or Vietnam.