What it really means to be ‘Made in China’ | CNBC Reports
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- čas přidán 2. 06. 2024
- What does it mean to be ‘Made in China?’ As supply chains grow increasingly global, the answer is rarely simple. CNBC’s Uptin Saiidi reports from the world’s two largest economies.
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When I was a child, I saw the phrase "Made in Japan" a lot and when I was about 8, "Made in China" started taking over.
So you should be in your 40's sir ?
It was always fascinating to me that USA is a so called "biggest economy in the world", yet in my whole life I never saw a sign "Made in USA" on a real product.
Even Japanese companies are now outsourced their labors in China. Quality control went to shit.
AntonioR Software So what? Richer economies generally are service based economies, not manufacturing giants
@@cancel.lgbtq.6892 actually Japan's stubborness to outsource their productions outside of their country allowed their other eastern counterparts to overtake them. Protectionism defeated its purspose.
"Made in China" should be changed to "Assembled in China" & "Profited by USA".
@Loren China earns everything except profit.
Loren China earns job opportunities, full modern supply chains, stable society and a lot except profit. In my opinion, they are much more important than just a profit.
China profits more !
They Copy America's tech .
And using the wealth to build a powerful military (by copying USA) & now openly insulting them worldwide .
A communist country is definitely not trustworthy !
@@mastertrend4685 It is the case at least for the iPhone.
@@karangujjar4108 you think copying is so easy? If it's so easy every country would copy America 😂😂😂
Conclusion: Apple phones are overpriced for no logical reason.
Simple equation of demand and supply. It's an aspirational product for which millions are willing to pay billions. It helps that the design and working is superior.
truth, my brother's iphone which he has had only been a year is already dying.
Even Apple knows that But their customers don't seem to care so why should they
they may be overpriced but that doesnt mean they would have to be sold for the manufacturing price. Alot of people forget that to get the product and parts for assembly, first you have to Research & Develop them which costs much more then actuall manufacturing in most cases
Suckers like me keep the evil Apple alive
The journalist forgets to mention the price tag in china already includes tax. The one in US is not.
Lol! Yes and don't forget the tip.
He did, but couple of minutes later.
@al bundy but it doesn't matter. The cap in Adidas is still made in the U.S. Everything is made in China
The answer is simple = "it's because in China the supply chain is huge compared to other countries, literally everything needed is available within reach"
#MakeInIndia
Elon Musk China is larger than other countries by far and has basic infrastructure to complete manufacturing task. But it will change shortly as cost increase.
Then stay there
sounds like elon musk(-o-)／
That's why you build Tesla factories there
Cheap labor dont be ignorant to the fact that Americans use more cheap labor than any other country
America was built on free labor and torture.
@@jevonsims900 not only america but once upon a time the whole world used slave and btw wtf african king sold the slave ???why didn't they protect their own men??
@Central Intelligence Agency I read your comments and wanted to laugh Continue to keep dreaming Actually ccp keep trying to improve our quality of life
秋名山老司机 lol with the Coronavirus...
Not cheap labour ..China's labour are more productive ..they produce in bulk
"US brands are everywhere I look" - A large number of these brands are not even American. Adidas is German and H&M is from Sweden.
Lmao, yeah you are right, but it is quite understandable.
He mentioned that, "Western brands". "US brands are everywhere", then he showed A&F, Tommy Hilfiger, UGG, CK and Red lobster.
STOP FUNDING COMMUNISTS! ... Made in china SHOULD be changed to ASSEMBLED IN CHINA.... For example, Apple iPhones are NOT china owned and is assembled in china under USA specs. ..... Anyway, the world needs to stop being heavily invested in china and move to other countries and or move production back home.
@@user-iz6cu2nl4g once you move back to the us , the price definitely higher and you gonna start to complain the price....... and also does china hurt you to be honest ?????
Americans think everything is American.
Designed here ... made over there. You asked them junk, they make junk. You ask them an iPhone, they make an iPhone. Chinese junk is in fact US junk design.
China has much higher tariff
New World economic Order has come👑
Economic War china ,Russia and US.👑💴💰
2020 old days dump
NEw world order of power coming💴💴💴💴💴💴💴
US troops middle east withdraw.
US troops germany withdraw.
US 💔Saudi expired
Petro 💲dying
Farmers dying🐮
$23 trillion Us debt bubling.
FEDs pumping 💲
2021 New World🌎
Economic Reset🏦
Dollar collapse💲📈😭
High unemployment rate
Bankruptsy 😨
Protest and riots🔨
Hyperinflation🍌😭
Changes
Gold base currency🏆
Cash less society
Digital banks📟
Microchip transactions
Greatest deppression is coming to 💲
Be prepared 😭
Buy gold silver save ur ass.😚
Buy a land plant a tree 🌱🍇🍅🍒🍉🍈🍎🍒.
No more US design because the US President ban every smartphones from China 5G.
that's NOT TRUE at all, I've using HUAWEI Phone before, I bought the High Spec and after 2 weeks the phone binding. This is 100% China Brand and made In China for sure... Moral of the Story, they can make something look pretty and look beautiful from outside, but the material itself otherwise (low quality), got It???
Nope, good us design is made poorly by shit components.
Godiva is Belgian, H&M is Swedish, Adidas is German... and you checked American brands?
dresdenkiller He said Western Brands not American Brands.
Jc penny
smart ass wanna be
These countries belong to us haha
He said there's a lot of Western brands and American brands are everywhere.
Why do you hate America?
I am an electronic engineer. Once in a while I ordered a circuit board to be made from China. I uploaded a company an electronic file, then Chinese company made and shipped to the US. The same circuit board to be made in the US, it would cost me 10x as much. The reason is because of environmental policies in the US make it so prohibitively expensive to disposal of used toxic chemical.
oh really? I didnt even think about getting rid of the chemical will be expensive. At PCB manufacturing China is the best, even at the quality and even at the price. I also ordered a pcb from China.
Bring back Made in Japan
Made in Taiwan too
@@waffelo4681 I missed HTC.😔
Show the price difference of a Range Rover between two countries. Then we are talking.
اين لله
People have no understanding about this stuff, especially in US! all the things you're getting it now are fully made in China (or other Asian country) or the components of it! those stuffs which were used to be luxury in the past, now everyone can have it or somehow still can afford. Asking for them to come back to the US is impossible bcz it's gonna drive up the prices & less consumers gonna buy it, So, Less profit for the companies & less jobs for stores or retailers in US. Made in China doesn't mean it's garbage cheap stuff, it's depend up to your money, you can buy the best one with right amount of money or low life stuff with less money. Almost all the Amazon stuff is coming from China, 3$ phone charger on Ali express (alibaba) people are selling for 20-30$, these days even luxury cars or plane parts are coming from China. Without Asian countries most of the stuff were going to be nothing more than a dream of High class people, Phone market is big example of this.
Just Chill unfortunately not a lot people in US understand this, made in China actually made their(average people) life better.
I agree
Not owning high end phone or latest branded clothes is the least concern when human lives are at stake. We can live without luxury, but not with disease, climate change and recessions.
Man you were probably having a stroke writing this.
Just Chill eyyy chinese bros
Video Titles exists: But let’s talk about Apple
Hmm...
"Designed by Apple in California Assembled in China"
*-HUSH UP-*
As a kid growing in a Romanian village I remember going to an open market on Sundays and seeing all the cheap poorly built toys all of them carrying the "Made in China" text.
They were so bad.
But then I started noticing an improvement and a few years ago I took the risk: bought a Xiaomi phone. Needless to say the next phone after that one was also a Xiaomi and I'm now the proud owner of a TV Box made by them, a screw driver, a fitness brand. And I couldn't ask for more in terms of quality.
Same, quality does improve overtime, but these Americans just don't trust the Chinese for no reason other than "Communists"
May be you should try vivo or oppo. They are more better then xiaomi now. And more popular in china this year. I am not the saleman. The phone factory should give me money
@@worldpoliceamerica6366 no way xioami is better all the way. Cheaper too
@@worldpoliceamerica6366 I love Huawei..(Honor 8) mine still running successfully after 3 years..👌
@@worldpoliceamerica6366 no way.. Xiaomi is way better overall... Many people queue to buy their stuffs
Thank you for your honest report. I visited China last summer. When I came back and landed in Newark airport. It felt Newark was 100 years behind Beijing or even Xiamen airport. China's infrastructures are quite good. In China, I noticed every subway station has safety doors to protect passengers from incoming trains. If you want that to happen in NYC, MTA will inflate prices 10 times more, and drag it for 10 years. For the union votes, Cuomo or his successor will continue to turn blind eyes on MTA' corruptions and allow NY's roads and bridges to decay.
Wer is this Newark...???
I haven't seen till now
@@bharathkumar9698 Newark is the most populous city in the U.S. state of New Jersey
Chinese infras and buildings look good but aren't made to last. Have you seen the number of buildings collapsing in this country?
But commie friend, US or Norway doesn’t attack poor neighbors like China. China may very well start a WW2 or cold war.
Go live in China mate .
Is it the wrong title?? Cause in the end its all about Apple products, analysts & plan..
Made in china
Apple is a great and understandable example for most people
And the thumbnail also shows a 🍎 phone only... I wanted to bite this one but I can't because it's inside my keyboard... Using a ASUS Phone
@@heartycann3783 😪😥😣
@@heartycann3783 hahaha android hahahahah
Tesla built the Gigafactory in Shanghai because China have the largest consumers in the World.
Imagine 10% of billion people is so huge.
@IMxYOURxDADDY living cost is low as well
And only Chinese banks are able to give him gigantic loans for his business.
soon there copy of tesla called Xesla or Xisla or Chinsela , same design and same style like tesla , just only lower quality and lower grade
@@950Brandon go visit macau, shanghai, shenzhen
This video explained it well, but I still miss the time when everything was made in japan, back in the 90s and early 2000s. Everything about then was about the quality product and the way it gets the job done right. Now people literally buy things just because of the brand name. Just look at supreme, the prices on those things are just wack!
Made in japan was considered shit back then. Especially in US.
Made in Japan stuff used to be horrible quality.
Truly want to visit China or live a time there just to know the culture and this kind of matters. Greetings from Mexico.
I am not sure if they have any culture left. The CCP have destroyed everything. Wait for people to revolt and old China might come back.
@@covidwarrior2808 We've been fed up with the rhetoric about China's collapse every year since the founding of the People's Republic in 1949
@@covidwarrior2808 if you didn't go there just STFU
@@covidwarrior2808 I went there 5 times in 2019. Very well developed, people are kind and welcoming, in fact there was so much culture that i got lost in it. So many different types of food. I was having agreat time.
No street tacos
They make everything; even american based companies get their products made in China even if they don't tell you. I respect that.
Cof Apple cof Corona cof virus "dies"
@@comradeakaov408 There are more cases here than there now. It's a world virus, not Chinese. Smh
@The Wraith Funny, what about the US???
@@tpacalypse corona from china
You need to include taxes in your US Dollar cost. The price tags in China include taxes.
rtgtx yup US is the only country in the world that does not include taxes on their products because in reality the states are not really united that’s why they have different taxes per state and cities. What a dumb name to have while doing the exact opposite.
@@manuelmacalinao500 United States with Divided tax regular.
Manuel Macalinao we pay more taxes in Canada than US. With our low currency value, $999 iPhone in US cost $1450 plus $190 on tax in Canada
Bryan Jake Wow. Do a lot of Canadians buy their phones in the states?
Well, he did buy each and compare the final costs right..? Which would mean it includes taxes
When 1.3 M people heard the word Apple over 5 times.
Me: Forget about it Lasagna, you are worth it but not that much.
And now I see new clothes that I buy being "Made in Bangladesh", never had I bought a shirt that was not made in china in the first 20 years of my life.
A lot of these clothes factories are still owned by Chinese Bosses 😂
Yeah, true. Once, I bought one shirt from aliexpress shipped from China but was made in Bangladesh. 😂
@@JR-vc4gm Lmfao my AliExpress thing was made in Singapore too
And if you see a "Made in Italy" label, it's most likely made by immigrant workers such as Bangladeshis and Chinese workers in an Italy facility
Well most of the things i use are made in india
The prices you paid in China has the value added tax included. Did the US prices you showed include tax as well?
As far as i know, US never include tax
@@hamamudo3011 100 dollar apple pencil is 150 after taxes in the US.
Prices in many many other countries include tax in the shelf price. I think the reason they didn't add it here was because different states have different sales tax. They could have averaged it though.
U touch the point
Stop doing business with China. Stop funding communists.... Sure iPhone is assembled in China- but with US quality control and specs.
Uniqlo makes their products in many countries like China, Vietnam, Cambodia, Thailand, Indonesia, India, and Bangladesh.
#MakeInIndia
We all know that after Covid-19, many countries are gonna decrease their trade with China.
@@hanma1705 As usual, Indian want to start the 🔥 fire.
You could've just said sweatshops of the world?
@@Dragon-gl1rw I m Indian ur right 😂
Me in whole video laughing thinking about : 3:07 that guy showing Tim Cook the quality of camera in MacBook and ipad
"Made in Japan" was the "Made in China" of the 60s-80s if I'm not mistaken
"Made in Japan" has always been a high quality manufacturing, right from the start. China is still planning on improving the quality of their products.
@@mottedreissig7874 idk about you but I heard that in the 70s-80s, "Made in Japan" was themed "poor quality" by Americans until the 90s, when JDM cars and Japanese brands become well-known, especially in the cars and electronics side
@@mottedreissig7874 Only fools believe made in Japan is always good Quality since beginning. No! Even early Toyota cars were Ford copies with very bad Quality. Early Toyota Dyna Truck models had high percentage of engine fault. It is written in Toyoda Keiichiro Biography.
the same as 'Made in Germany' from the 1880s onwards as it was designed to deter British consumers from buying cheap products made on the continent
@@mottedreissig7874 lol idiot, for sure u didn't know a thing.
Japan only improving it's products quality during late 80s and early 90s.
Just the same like South Korea, late 90s and early 00s. South Korea products still low quality.
If all CNBC is as factual as this program !
#MakeInIndia
@@lotusinfotech4580
No need to make these electronics in India.
Indian land and water bodies are already polluted due to textile, automobile and other industries. We certainly cannot allow the electronics industry to worsen our land and water. We're already facing the consequences of such mistakes.
India does not need such kind of development.
@@shihaong2220 They chose short term profits instead of long term stability, capitalism is never successful in the long term
5:00 Apple Store next to West Lake, Hangzhou.
I still Remember back in the days were products here are "Made in Japan" until now, Good old days
Here's a little secret. All products of a specific type are manufactured by specific companies in China. It's like industries for industries. For example bicycles. Companies like Trek, Merida, Cannondale, etc. have only one factory. And there is not even a division in that company for each of these companies. The only distinction is the mold. They have a separate mold for Trek, and a separate mold for Cannondale. Then they paint frames. Some of them are even being painted together when they require the same color. They just stamp the logo and then they install the drivetrain.
Same is true for shoes, phones, safes, appliances, etc.
And the worst part is, because the technology is being shared with the factory, the factory sells the blueprints to chinese bootleggers. That's why some chinese-owned products sport exactly the same features and builds as the original product. The only distinction is that some of the legitimate companies have components that are sourced outside of china and some of these components actually determine the performance and quality of the products.
not like that, It is about how to make it. Only Chinese knows how to make it with high quality and low cost.
totally disagree with that. if the factories are selling the blue prints of the customers like adidas or nike they will try to sue them but whats more effective is terminate the partnership with them which will destroy there factory since those big customers occupy 40-60% of their capacity and the factory if loosing this looses their existence. I few has done that in the past and they all not existing anymore.
I read the comments and suddenly I felt incredible
Some Westerners think
That Japan should produce
What makes you think we should produce for you?
Japan Pay $3500-6000 a month You're half paid?
See Indians saying China is cheap labor lol
China Pay $1000-1500 a month India $145-$200
Really want to laugh
In India Land is expensive, Labour is also expensive if a manufacturing firm reaches 100 workers it cannot fire them until and unless it gets labour ministry and local labour unions clearance (which mostly never happens), Transportation is also expensive in fact it is one the most expensive in emerging economies, and many more issues. All these can change via reforms but due to Democratic politics Reform bills never get passed in parliament. So don't go with that average income shit there are many things that affect industries.
@@PentangleYT india doesn't have skilled labor, that's all. All other proboems are minor compared to that fact.
@@hardrock342 definately India has a deficiency of Skilled labour but in current scenerio it is not even being utilized fully.
@harry # Your Sony tv is no longer made in Japan. In fact its been many years since they outsourced their labors in China. Sony used to make good quality electronic products but not any more. Even LG , Samsung are made in China.
Sony made in malaysia
So US said china market is closed for them. And you found so many US brands there? Wow
yeah, we went to Mcdonald or Pizza Hut to have our birthday parties. Damn Pizza Hut in China was considered high-end...
Because that was pure US propaganda?
China has very high tariffs on american products. Making american products very expensive in China. Trump is right. When he wants to shift from 1-way trade to 2-way trade.
yeah they can't go out this moneys trap
I worked in a Canadian company called Media Resources Inc whose engineers are Chinese, all components are from China, and it's assembled in Canada and labled Made in Canada then sold to US.
That company belong to CHINAA.. not Canada..r u really working ??
China made imports items high rate and they give customers cheaper prices
Nearly every cousin (cousins of cousins) I have are majoring in Engineering and they study in China.
Jingpeng Xu where do you think the teachers were taught?
@@wlonsdale1 In China? lol
Their education is excellent, some of the best in the world.
Change the mode of consuming, stop wasting resources and money, then we don't need so many goods in our life so does the "world's factory", which actually takes chances from ur home countries.
Im from india, actually im proud of all the chinese phone, we can afford easily if not from where will we get money to buy an iphone or samsung..
The US can make every thing the iPhone needs so as price goes . Price can go down if tax goes down in California
I can imagine so many hongkie keyboardwarriors typing behind the screen.
on their iphones
As like you
don't forget 50 cent army
China is the only country to own all industry catalogs classfied by United of Nation.
Including source of pandemic since the old times
@@astaloaf2113 Not anymore, as predicted by Ross , Pandemic could bring some industry back to the U.S.
Everything made in in China breaks or underperforms. China has no pride in its work. Shame on western companies for allowing their products to be made in such a shameless shithole. It's very difficult to buy anything nowadsys that isnt badly made in China or containing shitty Chinese parts.
@@citizenkay i think the US and EU should stop overreliance on China by shifting their operations somewhere else.
@@astaloaf2113 the Covid19 virus was exploded in China, but not originated from China according to WHO, you idiots are barking at the wrong tree.
Companies price their products based on how much consumers are willing to pay for them, not based on cost+profit calculation.
Imagine the great wall of china lasted for so long🤔
it should not count!
But their dams made in the 70s are collapsing.
@@vexcarius7100 Fake news covers your eyes, can you give up arrogance and prejudice from your heart?
Good point
0:45 I know that place it’s called Citadel outlets in California I think, I’ve been there
In china, if you buy food or other local goods, it is much cheaper in china
@harry #Nah, That has been confirmed as a rumor, The cost of plastic rice/eggs is higher than the real rice/eggs.
And other countries don't let chinese food come in ? China import a lot of food every year，The food they produce cannot meet their own needs, so how can they be exported ？
harry # you are so brainwashed
In India its cheaper than china
Investor: I want you to build this with this budget
Other countries: Sorry that's impossible
China: How many do you want
Very true
🤔I didn't come here for apple distribution lesson though
Of course those items are more expensive in China. They have strong brand presence as a Western product in China.
no one will be pay for it actually we wanna more cheaper price
Rising labor costs in China will be a strong factor that will motivate MNCs to move production elsewhere. Thanks for the highly informative content.
@Joe Al lol Favorite rumors
Joe Al How is slaving away like lol?
Like Mexico lol 😂they are cheaper
almost all of my gadgets are made in China lol.. it's actually durable..
yea my phone made in china, i've been using it for 4 years now, it doesn't slow down or lagging out unlike my old samsung galaxy s4 and samsung ultrabook. smh.
@@ronlyon4645 even your galaxy and macbook is made in china.
@@yuvraj7214 Samsung closed all its factory in China and moved them to Vietnam last year.
well most gadgets are made in china anyway.
@黑暗面Fnatic Dark siders In American, the bat soup is yummy.Even I am dying.
A lot depends on Inflation as well. All the Emerging Economies are highly inflated compared to the countries in the west. Even when you calculate the GDP on PPP basis, it will be more than GDP on Nominal value basis. For example, China's GDP per capita (Nominal) is just above $10000 and GDP per capita (PPP) is more than $20000. This is the reason why Prices are more in China than in US.
1:13 shout out to EXO Lay.
lol he is naked in most ads of this C.K. campaign.
I as a German am just triggered how they pronounce adidas 🤷🏻♂️😂
a di da si
dalas
RUSSIAN TRIGGER NOISE !! >:(
Thanks for this. Very helpful 🙏🏿👏🏿🤗
China isn’t the second biggest economy
It’s the largest economy...
Great video. That's what I've been telling my family and friends back home for years now. Some items are more expensive in China than outside.
Sidenote: Starbucks and other food food stores vary in price all around China. For example a burger can be $6 at McDonald's in Shanghai, $4 in Wuhan and $2.5 in the small city of Qinzhou. So the Starbucks part wasn't really explained.
It is universally true that prices of the same product/service varies in big(Shanghai) medium(Wuhan) and small(Qinzhou) cities, due to cost of land & buildings, utlilities, wages, taxes, etc. Do you expect an identical house has the same price in Manhattan and Boise, Idaho and Cheyenne, Wyoming? Or a meal in Paris and Amritsar, India? Or rent in Tokyo and Yubari, Hokkaido? Why did you bring up a point that is common sense?
"Think Same"
-Stove Jeebs.
Pricing is complicated indeed but if you are able to develope that kind of relationship, they might even tell you themeselves personally how they managed it. But for originality, we might want to often times leave it alone as one of their uniqueness, for they can manage it well as it became already part of their perks for years, even in thousands. 🙏
Great video. Very informative
6:41 ins't that Eaton centre from Toronto Canada? why is it on the video lol?
I think it's where he talks about how the global supply chains are being disrupted. Just generic footage of a shopping mall.
It's a hellaa old clip, because they put a large water pool in the middle about 10 yrs ago
Don't act so surprised, if you know how many American cities, schools, malls and houses you see in Hollywood movies and TV shows are actually Canadian ones. My estimate is 80%, if not higher.
soon most things are going to say "made in Bangladesh" due to rising costs in China, Also chinese firms are building factories all over Africa.
Bangla ..... really ?
I don’t think so. Vietnam or Lao is another destination for them.
Only clothes for now
Just think about the whole supply chain....
@ironshark123 Most low end manufacturing have already moved from China to Bangladesh and Vietnam. Bangladesh will soon become a much richer country than India and Pakistan!!! How ironic!
Always producing great news.
Neat & clean, to the point.
In China, your company enjoy domestic economic power, hard working labor workforce, ultra low interest financing, world class infrastructures and so on . China is still the best country for manufacturing.
Well my phone says designed in Finland, Made in India....😃😃
It may come from anywhere in the world but not usa,pathetic
Nokia?
the capacitors , IC , transformers could be made in China or Japan.
made in USA very expensive not all earn 200usd a day most of the world only earn 7usd a day. so we cannot buy made in usa.
@@bulia6780 China's income👇#boycottChina
1.United States: US$418.6 billion (16.8% of China’s total exports)
2.Hong Kong: $279.6 billion (11.2%)
3.Japan: $143.2 billion (5.7%)
4.South Korea: $111 billion (4.4%)
5.Vietnam: $98 billion (3.9%)
6.Germany: $79.7 billion (3.2%)
7.India: $74.9 billion (3%)
8.Netherlands: $73.9 billion (3%)
9.United Kingdom: $62.3 billion (2.5%)
10.Taiwan: $55.1 billion (2.2%)
11.Singapore: $55 billion (2.2%)
12.Malaysia: $52.5 billion (2.1%)
13.Russia: $49.5 billion (2%)
14.Australia: $48.1 billion (1.9%)
15.Mexico: $46.4 billion (1.9%)
Almost two-thirds (65.9%) of Chinese exports in 2019 were delivered to the above 15 trading partners. Dear worldmates(excluding China) please boycott Chinese products and apps ,find alternatives. You are giving dollars to China and making China rich which in return spending on its militiary and taking your land and giving you human and economy killing viruses.
Shubham Sharma boycott China then who build toilet 🚽 for India??
After coronavirus , US China trade war , along with US other countries are likely to shift their manufacturing and production units from China. It is not only about cheap labour but also the taxes and rules companies need to maintain while setting up a plant in other countries. If they target developing countries then it will be easier to pace up their production to a lot extent because the rules will be flexible.
When Chinese choose spend outside China, trust them..they calculate to the cents... trust me..
Yes! ! Things abroad are too cheap. Things that cost tens of thousands of dollars at home will only cost a few cents abroad! ! ! ! So many poor people in China like to buy things abroad, and they can empty the entire supermarket with very little money! They don’t even need a day’s salary, which is great! ! wowwowow! ! !
Yes. Everything outside is so so cheap. I made full calculations of each and every item.
Everyone start calling iPhone China Phone because it came from China
Name one brand that doesn't manufacture its smartphones in China, the logistics and infrastructures and engineers are just really good, it takes a long time to build all these in other countries and it is more costly to manufacture in other countries at the moment due to their lack of logistics to send freights to all over the world in matter of hours.
@@htht7831 One brand is too easy... Samsung, LG, HTC, ASUS, Sony, Kyocera
Before they made cheap quality products, now they want to make high quality.
Because importers want cheap, there are high prices and quality products but profits will be less
Tim cook makes that engineering statement without realizing that we had many of those engineers back when computers were produced in the U.S....
It's satisfying when you see "made in japan" or "made in indonesia" label 😀
Why Indonesia
Why indonesia
@@jamesxia9523 because made in indonesia have more satisfying effect than made in china. The same as made in thailand or made in taiwan.
indian troll, you are boring ! at least do not troll with your indian name in a china related thread.
The US is made by chinese laborers look at the history
Every time I see that label I’m like 🙄
I don’t care where it is made ! As long I get a great deal I’m good.
You get corona virus and the world economy destroyed...sound like a good deal?
@@hamiorg yes, I'm afraid to get Swine Flu from the US too
You get what you pay
Cheap price = Cheap quality
High price = High quality
insightful.
I truly miss the days where pretty much everything i knew had the quality seal of "Made in Germany" !
germany outwin japan as japan outwin china but the great is uk seems
I’ll take Japanese cars thank.....
yeah me too
with high price
you still can buy them if you wants to pay more
"Made in China" = "Assembled in China. Components by [essentially a third of all countries listed here].
5 dollars for a coffee.... That insane!, 😯
same for the Godiva chocolate. It even contains corn syrup and chocolate liquor processed with alkali. Wouldn't touch that rubbish even when totally free.
Come to India, pay $8-9 for the same😂
This is a proper translation from the movie 300 Battle of Thermopylae.
When the negotiator from Xerxes spoke to the Spartans.
In China, Beijing, Shanghai, Shenzhen, such first-tier cities, the price of food and beverages will be much more expensive. In more than 100 other big cities, the price will be lower, and even the price of Starbucks is half lower.
I know I was born in America,
but how much was the Cost of shipping from China
Adidas is from Germany not USA
Correct.
And Godiva is Belgian.
it's similar to NIKE, before in the mid 90's NIKE shoes were made in KOREA and the shoes themselves are very durable, when CHINA took over NIKE shoes are easily worn out and less durable :(
That’s so unacceptable! You should probably go talk to Nike and tell them to move their Vietnam factory to Korea!
Very well explained.
Eastern Asian have been the main forces in manufacturing in the past several decades. Japan, Korea, Hong Kong, Taiwan, and China mainland. Now, Vietnam is a growing power. The Eastern Asian culture, which has its root in traditional Chinese Confucius, is best for manufacturing. I have met several business owners who moved their manufacturing To China. They told me that the workers' attitudes are totally different.
I opened my laptop and all the components are from asia. Cpu from malaysia, hard disk from Thailand, Ram from South Korea.Thumb up east asia
Democratic is not friendly with manufacturing.😂
@@yz4881 China and Vietnam are far more democratic than you can even imagine lol
Real democracy, not just voting for the best out of two awful old men every 4 years.
It's still the same brands
There should be something "made in Earth"
It is always impossible to buy a high quality product with less than $1. China can offer different quality products at different price. Depends on what you need
Makes a lot sense
GODBLESS 👍👍😇😇🇯🇵🇯🇵🇯🇵
the real problem is the lack of skilled workers.
skilled worker takes time to build. The US lost most of the skilled workers during the long period of out-sourcing since the 90s (the great manufacturing decline of US)
no, the real problem is money, workers in china is paid less.
@@testes256 nope. They still get paid much more than most of africa, rest of Asia and South America. The low (compared to USA) wages in China are only part of the appeal. And the abundance of skilled workers is a bigger one.
And no willing to work, but still want money. Finially the company fed up and leave.
but you need to use the same money rate, now you are just using the cost in different rates
That's one of the reasons they get so rich now. Its hard to look down them today... The country is getting stronger
corona and communism
Iphone Pro Price in Pakistan : 1Million Dollars
MC porkistan
Amazing content
Thank you
3:07 folks on the left… what’s so fun? 😂
When I was a child, a lot of goods were Made in Taiwan, when I was 10, “Made in China” started taking over
too bad Koreans; and Japanese are thinking the same thing down the ladder.
Hopefully someday we can put our shit together
Both are China anyway
Both sides are China in a wide definition
四小龙时代嘛
Misleading, why not just slap "Assembled in China"
Iphone's display: South Korea (Samsung)
Camera sensor: Japan (Sony)
Chipset: Taiwan (TSMC)
PCB Passive components from Taiwan or Japan, even assembled supplier is Foxconn from Taiwan but factory in china..
You may not be aware about electronics assembly operations but its not anything like assembling lego pieces
well the final prodduct fully fonctional come into existance in China so it makes sense.
why can we assemble iphones in United states ?
EJ Shin remember how many components in a phone, most of them are made in China, the supply chain is there
Anyone like the rythm at 7:00 so much?
PPP: Purchasing power parity +goods can be traded that's why they are expensive whereas services are not traded that's why they are cheap in China ,india