Chinese companies have been focusing on their bottom line very much as companies elsewhere. They can rely on an ongoing stream of cheap labour, and, therefore, extremely low operating costs, as workers have no rights whatsoever.
I wrote, “Chinese companies have been focusing on their bottom line very much as companies elsewhere. They can rely on an ongoing stream of cheap labour, and, therefore, extremely low operating costs, as workers have no rights.”
Also state subsidies.
Also not extracting profits for the shareholders (for now).
European cars could be much less expensive if the car makers weren’t required to make profits for their owners above all else.
Chinese companies have been focusing on their bottom line very much as companies elsewhere. They can rely on an ongoing stream of cheap labour, and, therefore, extremely low operating costs, as workers have no rights whatsoever.
Well, the EU determined otherwise
I wrote, “Chinese companies have been focusing on their bottom line very much as companies elsewhere. They can rely on an ongoing stream of cheap labour, and, therefore, extremely low operating costs, as workers have no rights.”
What has that to do with the EU?