Where does most manufacturing take place in the world today?

Answer 1

In the year 2011 most manufacturing takes place in Asia, with China being the worlds Manufacturing leader. People will always seek out the lowest cost for manufacturing an item. The lower the cost to make it the lower the cost to sell it and the lower the cost to buy it. The business workers in China, while the don't make the least amount in the world, they only make between 800 yuan, which is $97.00 (U.S.), and 2,500 yuan, which is $302.00 (U.S.) PER MONTH, (this from the Association for Asian Research). Now that we understand that the worker makes between $1,164.00 and $3,624.00 per year let us look at the cost of a condo in China which average cost is $70,000 to $120,000 dollars American. The Condo's in these cities are at least 70% empty.