05-08-2019, 03:25 PM
(This post was last modified: 05-08-2019, 03:25 PM by Tim Randal Walker.)
As I understand it, China's allure depended on having a large pool of cheap labor.
Zeihan mentioned that, because of rising wages, Mexican labor is now both cheaper and more skilled than Chinese labor.
Zeihan mentioned that, because of rising wages, Mexican labor is now both cheaper and more skilled than Chinese labor.