China is the world s processing plant, why don t developed countries simply buy it and own it?

i'll take a try!

According to my understanding, there are many large companies in developed countries that pay great attention to the economic benefits of each business sector, that is, the contribution rate to the interests of the group, although they have many business departments, or are involved in a wide range of industries and products. So if some business units are not very profitable or have a low contribution rate, then these large companies are likely to outsource or split this department, such as IBM's notebook business and so on. As for why someone would want it, there are many reasons, such as the theory of comparative advantage, or such as scale effect, etc.

Then look at China's manufacturing industry, in addition to the above mentioned that there is no core technology, cheap labor, there are many factors that lead to China's manufacturing industry is actually quite low profit margin (although Nike's shoes are very expensive, but the main profits are shared by foreigners, such as design, and China's manufacturing industry has a small share), such as manufacturing will involve a large number of non-management personnel, these people's contribution is actually very small. So there is no need for developed countries to buy at all.

Moreover, foreign (developed countries) laws require companies to have great obligations and humane treatment to their employees, and some companies have a high cost of firing a person, so it is very unwise to add China's manufacturing industry to its regular employees. Just like Nokia in China, the personnel of its manufacturing plants and other business units are differently compiled, accounted for, and treated differently. Walmart's ordinary employees in the United States and China are heaven and earth.

In fact, it is really a very sad thing to say that China is the world's processing plant. Think about the fact that some people wanted to exchange the market for technology, haha, an absolute mistake, China's backwardness in modern times has not taught them enough lessons!

Every year, China's manufacturing industry has to contribute a lot of profits to foreign parent companies, and China's rapid development is to some extent a wedding dress for foreign countries, although it does benefit a lot and develop a lot. For example, P&G, which makes a lot of money in China. Moreover, some foreign companies also use false accounts of losses to channel profits abroad to evade domestic taxes.

Because the world's factory is essentially just a processing factory, we don't have the core technology, we just assemble it for others and the like

China's labor costs are low, and developed countries are of course willing to produce in China, and there can be many benefits.

You don't know, it's all being acquired right now.