I support the CPC.

Heard this accusation recently:

China takes part in imperialist plunder by outsourcing all labour intensive tasks to poorer countries to exploit cheap labour, and only the final assembly is done in China anymore.

What is our party line on that?

Edit: thank you all for the answers! I’m far from being an economist and don’t feel confident enough to immediately demand sources something might well be a common knowledge.

I was now given this source: https://www.econstor.eu/bitstream/10419/74902/1/dp205.pdf

In particular:

more than half of China’s export value in 2005 corresponds to that of imported inputs that are merely assembled in China.

only thirty four percent of the value of China’s processing exports in 2005 was domestic content, while the other two thirds corresponded to the value of the imported inputs.

in the high-tech category, it consistently amounts to approximately 90 percent of total high-tech exports

  • Munrock ☭@lemmygrad.ml
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    4 months ago

    In the Hong Kong S.A.R. you can hire a Filipino or Indonesian domestic helper for $4000 HKD (~$500 USD) per month. It’s a whole industry here that’s been around since before the handover. I’d guess that fits the definition of outsourced, cheap foreign labour.

    Aside from Hong Kong, the other two places in China where you can do that are Macau and Taiwan: The other formerly-colonized autonomous region, and the province governed by a US puppet government.

    In the rest of China it’s illegal, the concept is considered unethical, and the way foreign domestic helpers are treated in Hong Kong is considered morally repugnant.