Quote:
Originally Posted by Robbie
As I've said before...if what you are thinking is true, then WHY did BMW build it's factory in South Carolina? Why did Volkswagen build a plant in Chattanooga Tennessee?
Surely using your logic they could have built those in China much, much cheaper right?
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Because the car industry doesn't have to compete with China. In Europe they're opening car factories in Eastern Europe because of all the costs.
I agree with you that something has to be done to balance trade with all the Third World, not just China. The problem will be consumers have to pay a higher price.
Factory wages.
China $8,000 CNY/Year
United States $40,318 annually USD/Year
Add to that the running costs, healthcare, insurance, legal, etc.
Something has to be done. The EU goes to the Third World begging them to buy more of our goods. At the moment the EU's car manufacturers do well in the Third World. If they start to build and export a competitive level to ours cars. The same will happen to the car industry as happened to the motor cycle industry.
We need to start looking at what we can produce that they have to buy, and not let them take more of our industries like they have done.