How could India / Pak / B'Desh manufacturing labour compete with China's?

[AADHAAR]

South Korea is not based on high tech manufacturing. They have made zero scientific breakthroughs in the past 10 years in any field that can be remotely called high tech. All the process machinery used in South Korean companies comes from Japan and the US. To put it bluntly, they're just operating the machinery. If they were cut off from these suppliers, they would crumble in weeks.

There are only 5 countries in the world that produce their own process machinery. US, Japan, Germany, China and France. Russia used to be able to but cannot anymore.

In the Foxconn assembling factory in China, the value add from China is only worth USD 5.0. Some of the key components are actually imported from South Korea (others being from Japan or even USA and EU).

Don't think Foxconn has the guts to even set-up a factory in South Korea ... or have the Koreans to clean iPhone screen with n-hexane.

Hope that get the point thru, right into your thick skull .... unless it is all empty inside that thick skull.

 

[below_freezing]

In the Foxconn assembling factory in China, the value from China is only worth USD 5.000. Some of the key components are actually imported from South Korea.

Don't think Foxconn has the guts to even set-up a factory in South Korea ... or have the Koreans to clean iPhone screen with n-hexane.

Hope that get the point thru, right into your thick skull .... unless it is all empty inside that thick skull.

Foxconn is just one company.

The process machinery used in South Korea is imported from the US and Japan. I don't think you understand the point of controlling the upstream. No wonder India is still stuck in the stone age and thinks call centers are "software" and "high tech".

 

[AADHAAR]

Foxconn is just one company.

The process machinery used in South Korea is imported from the US and Japan. I don't think you understand the point of controlling the upstream. No wonder India is still stuck in the stone age and thinks call centers are "software" and "high tech".

Nobody would have cared if it was just about Foxconn, and it was the only one company of it's kind. It wouldn't even have been worth the point of dicussion.

The key is that Foxconn is relatively a heaven, given that Apple still tries apply better labour practices at Foxconn.

You can only imagine what kind of labour standard an Indian importer would like to insist from their chinese suppliers. You know, they'll just want it cheaper ..... and then you see what Chinese local manufaturers can do to their less fortunate "brothers".

Hell... just at the thought of it .... I start feeling sick at thought of buying Diwali lights at Rupees 30/- (0.60 US cents) .... considering what some human being (!) would have gone thru putting the bulbs, wiring (with God knows, what chemicals) !!!

And then, the shipping and the profit of the Indian importer and Indian retailer ... all gets rolled into those 0.60 US cents !!!!

From humanitarian point of view, I should actually think of lighting candles .... or costlier India made Diwali lights. Atleast those lights won't be bringing darkness to life of someone unfortunate, in a remote part of the world.

 

[Hello_10]

Chinese path is very different from the path taken by Japan, Korea, and to a lesser degree Taiwan.

Japan, Korea, Taiwan's industrial revolution was self-funded(even if it was a burrowed money from foreign banks) and self-owned.

Chinese industrial revolution is driven by foreign investments, and China has given up the control of much of their local industries to foreign capital in the process. This is the reason why you don't see the emergence of world-class brands from China, as Chinese domestic market itself is already overrun by foreigners, and this eventually limits Chinese economy's growth potential.



There is no easy answer to this question. The formula for the rise of Japan and Korea were as follows.

1. Local ownership of local industry(As opposed to a dependence on heavy foreign investment in China)
2. A rigorous educational process producing high-quality work force.
3. Patriotic businessmen who value the national economic interests more than their own interests("What's good for my country is also good for me" mentality), like taking on national infrastructure projects at a loss and making investments that would not turn a profit for 10~15 years.
4. A government industrial policy that promotes and encourages the growth of specific industries deemed critical to the national interest.
5. A general social contract that dictates that no citizen should be left behind, especially in terms of education. The government strictly controls the quality of education to ensure all students get same education(smart and dumb alike) and same amount of school funding regardless of location. College admissions select students strictly based on test scores and GPAs, no other consideration given like your gender, your parent's social standing, if your parents were alumni, where you live, etc.

Japan and Korea had all 1, 2, 3, 4, and 5.
Taiwan had 1, 2, 3, and 5.
China has 2 and 4.

Now, how do South Asian countries fit in this five point economic development formula? The closer your country fits into above formula the more likely your country can develop economically. India has 1, 2 and 3, and need to work on 4 and 5.

After all, a country with high-quality human resources devastated by wars and some other natural disaster will always rebuild itself(Germany, Japan, and Korea), while a country with tons of natural resources but low-quality human resources will always stay poor.

I didn’t want to interfere but, I guess either you might be doing your masters from an American university or you just passed out. Your number calculation reminded my one Korean friend who was in our group of one subject when I was doing my masters in UTS. That Korean guy used to be very angry with our one Chinese group mate whenever he used to take out a calculator type device to translate English lines to chinese to do his group task.

First of all I would like to correct your number system which is widely accepted by different nationals on international platform. That is,
For US/ Germany/ Japan thay have done 1 2 3 4 5
For South Korea and few similar Western nations its actually 1 2 3 4 & 4.5
Yes For China its 2 4 (widely said by people)
And for India its 1 2 3 and they are currently working on 4 (true) with putting their leg in 5 also in few areas.

And as this is a defence forum, you would say that as, per capita income of China was somewhere close to Congo, democratic republic of, during 1950 to 1965, so they couldn’t work on number ‘1’ and they directly jumped to number ‘2’ and copied 2nd generation aircraft Mig21 since 70s. and without any deep research on number ‘3’ they straight jumped to number ‘4’ and copied 4th gen aircraft SU27s and reverse engineered SU30 since 90s. and with the knowledge they gained through these 4th gen aircrafts, they could make their own 4th gen J10, (which also has much similarities with Su27/ SU30), so they are now working on number ‘5’, 5th generation aircraft J20, and we wish them all the best with their adventures of number 5, 5th gen aircrafts J20, which they are doing without good knowledge of number 1 and 3

And here, you may tell to the gentleman of post ‘165’ that, without proper knowledge of number ‘1’, China straight jumped to number ‘2’ and started exporting cheap manufactured products in 80s and 90s. and without deep research in number ‘3’, they are now making number ‘4’ also, which is Machineries for last 6-7 years. but what you claimed in this post, China may face real adventure while dealing with number ‘5’, because of the factor of “quality human resources”, as copying technologies and doing something by ourself are quite different. So we wish them all the best

 

[SinoChallenger]

^ You're misunderstanding our little Korean friends' 1 through 5. They're independent binary options, not a sequence. And on top of that, your post is full of nonsense and indian self-delusion and inferiority complex.