https://padlet.com/joseph_bailor/itdag6c6bu36 Starting a business in the glorious land of opportunity and comradeship: China en-us 2018-05-22 16:26:41 UTC 2025-11-25 17:40:25 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Condos.png joseph_bailor https://padlet.com/joseph_bailor/itdag6c6bu36/wish/262759353 The median age in China is about 37.4 years of age. The median age in America is about 38.1 years of age. Not only do you have cheaper labor, you have younger workers to provide harder labor.]]> 2018-05-22 16:35:28 UTC https://padlet.com/joseph_bailor/itdag6c6bu36/wish/262759353 joseph_bailor https://padlet.com/joseph_bailor/itdag6c6bu36/wish/262760434 On average, the cost of natural resources in lower in China

]]> 2018-05-22 16:38:31 UTC https://padlet.com/joseph_bailor/itdag6c6bu36/wish/262760434 joseph_bailor https://padlet.com/joseph_bailor/itdag6c6bu36/wish/262760606 The hourly wage in China can be as low as $1.36, whereas in America it is about $23.32. Much less money for the same thing]]> 2018-05-22 16:38:58 UTC https://padlet.com/joseph_bailor/itdag6c6bu36/wish/262760606 joseph_bailor https://padlet.com/joseph_bailor/itdag6c6bu36/wish/262761178 Well, us Americans like things that are "Made in the U.S.". Unfortunately, everything made here is expensive, so it's much easier to pay taxes for goods made in China. In fact, the tariffs in China are a lot, lot cheaper as well. More money = More power.]]> 2018-05-22 16:40:18 UTC https://padlet.com/joseph_bailor/itdag6c6bu36/wish/262761178 joseph_bailor https://padlet.com/joseph_bailor/itdag6c6bu36/wish/262762254 2018-05-22 16:43:08 UTC https://padlet.com/joseph_bailor/itdag6c6bu36/wish/262762254