It’s because the people importing the cheap Chinese stuff are importing cheap stuff from China because they want to make as much profit as possible. China’s been the world’s factory for 50 years now, don’t think they haven’t figured out how to do things on their own?
FFS almost their whole population was lifted out of poverty and were racing them to have the best chip manufacturing process. They have a space station.
Turns out there is a long-term effect to giving all your factory tech and IP to another country: it becomes institutional knowledge, and eventually they start seeing improvements on their own, and they garner enough expertise to not only strike out on their own but compete.
The capitalists sold your future for yachts. Like, literally.
I mean yes, they’ve stolen a lot of IP. Much of it was not transferred legally. They have a state run industrial and commercial spying program and have for decades - just like Russia.
What OP is actually referring to is the lack of industrial oversight and the Chinese penchant for using substandard material like steel and lying about it to charge a higher price while providing an inferior good.
Look up ‘tofu dreg’ construction.
It’s not western capitalists getting rich off this, it’s unscrupulous Chinese factory owners and industry magnates.
Ahh, this old chestnut.
It’s because the people importing the cheap Chinese stuff are importing cheap stuff from China because they want to make as much profit as possible. China’s been the world’s factory for 50 years now, don’t think they haven’t figured out how to do things on their own?
FFS almost their whole population was lifted out of poverty and were racing them to have the best chip manufacturing process. They have a space station.
Turns out there is a long-term effect to giving all your factory tech and IP to another country: it becomes institutional knowledge, and eventually they start seeing improvements on their own, and they garner enough expertise to not only strike out on their own but compete.
The capitalists sold your future for yachts. Like, literally.
I mean yes, they’ve stolen a lot of IP. Much of it was not transferred legally. They have a state run industrial and commercial spying program and have for decades - just like Russia.
What OP is actually referring to is the lack of industrial oversight and the Chinese penchant for using substandard material like steel and lying about it to charge a higher price while providing an inferior good.
Look up ‘tofu dreg’ construction.
It’s not western capitalists getting rich off this, it’s unscrupulous Chinese factory owners and industry magnates.
It’s also not just an export problem.
And also corruption. It’s so rampant in China. So even if there are laws or standards, they can be ineffective due to bribery.