It is not the low wages. Other nations have wages even lower than the Chinese. It is not the government regulations. Other nations have easier government regulations (or stricter, depending on what you want to do) than China. read more
Create product strength is our success secret. In general, each pour ladle manufacturer has its own business ideas, so when some pour ladle manufacturer machining castings did not achieve perfection. read more
Another reason why China has been successful is the high rate of its savings, which it recycles. The country concentrates the salary paid to workers in four big state banks. This money is used by the leadership to focus on key projects. In fact, almost 85% of China’s infrastructure has been sustainably funded by this capital. 3. read more
The reality that China is simply more competitive than the U.S. – that there's a mathematical inevitability about 1.3 billion educated, disciplined, hard-working Chinese overtaking the U.S., and that China's economic ascendency cannot be stopped – has yet to dawn on a political establishment that cannot imagine a world in which the U.S. is not on top. read more