I think some investors keep talking about the India vs China startup comparison just to get attention
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Himanshu Dodani
Start now what you j... • 10d
No one can beat China, even the US. Here's why:
1. Production Cost: iPhone assembly in China costs ~$6/unit vs. $30+ in the US. Tesla builds EVs in Shanghai 30% cheaper than in the US.
2. Labor & Scale: Average manufacturing wage in China is ~$3.5
If the USA imposes extra tariffs on China, the price of gold will also increase. Has anyone thought about this? Because China produces the most gold in the world—around 12% of the world's gold comes from China.
