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
Added a source!
Was that article from the person making the claim, or one you found? If it’s the first, the article is pretty dated, as 2005 was when China was still in its sweatshop days.
Does the article say what it means by “merely” being involved with assembly? Does that include importing raw materials, or was it truly final assembly of otherwise finished products?
And even if it’s the second, we know China’s supply chains are much more extensive now. They no longer need to import as much as they used to.