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Thread: China is no longer the low-cost assembly???

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[quote=ERENCIUS,245147]As you just said the one investing in R&D are... Westerners. Of course they prefer to invest in China, labour force is cheaper. But the patents created there will still be the property of Westerners (In IP law the patent you create in a company becomes the property of this company). China will be exploited, in a way or in another.
It suggests that China is the biggest "provider" of post graduated students in the world every year (and very cheap compared with Europeans and Americans). It is just becoming the low-cost R&D center of the world.
Tough it will remain a low-cost assembly place for multinational companies since the education in China, especially after middle school, is really expensive to a normal Chinese household. So many people without degree will still be employed as workers in these companies.
Developing countries, especially China, pay a great tribute to development: the richest are becoming richer and richer, and the poorest, poorer and poorer. This is the most basic rule of capitalism. That's why if you want to avoid this phenomenon, you've got to establish many regulations to control the market, to protect the workers an so on.
These rules are absent in the Chinese law because of the the Central Government's ambition to catch up with the level of the European coutries in 20 years instead of 50.
This has a cost which the Chinese population is paying cash. Worker exploited, killed by the competition for profits (in mines for example), or simply ignored by the progress and left aside...
Chinese poor people who have nothing will unfortunately remain a very obedient workforce for multinationals...[/quote]

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