China has the largest human population in the world. It has a huge amount of human capital. This means there is a HUGE labor supply. According to the laws of supply and demand, because the labor supply is so huge companies there can charge super super super low wages. This is because if 1,000 people say no to the low wages there are still thousands and thousands more that may potentially say yes and most likely one of them will. China is one of the cheapest sources of labor which is why many companies from other nations outsource to it.
The US is number 1 in the manufacturing of goods, followed closely by China. China is expected to surpass the US by 2011. Germany is #3.
An industrialized nation has manufacturing and service industries more than agricultural industry. It has big cities and technological advances.
unions
which country, please be more specific
the flugicaThere are a variety of main industries in China. Some of these industries include steel, energy, power, as well as manufacturing.
china,,,,
Yes china makes lots of products
China
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The biggest manufacturing industry is in China. Other countries are United States, Germany, Japan.
China’s vast outsourcing manufacturing infrastructure is one of the country’s most important economic assets. According to some estimates, China is responsible for more than 80% of the world’s electronics production and 70% of clothing production. Manufacturing in China has played a central role in the country’s economic growth, helping lift millions out of poverty.
China is a big country.
It is the fourth largest country in the world.
Yes. It is the third largest country in the world.
China does big time
If China is an island, so is America. China is a country as big as America, and it has the largest population in the word.That is about 1.3 billion.