Comment

Comment by televisionsaval

I think we are hung up on an incorrectly simplified calculation. If China produces a cell phone and takes labor and raw materials costs and a bunch of IP holders and stock holders then take the majority of the sales price then China supposedly has a major trade surplus. This incorrect measurement has probably been a driver in China ensuring it gets everything it can out of anything that will be measured as part of its surplus which means competing with foreign brands made in China as quickly as possible. Eventually this should mean trying to limit the exports of Chinese companies that have foreign investors.

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton