News for hackers. Stuff that matters.

A comment on Japan to fund firms to shift production out of China. Parent comment

Re:Japan to fund firms to shift production out of China by hittaruki on Thursday April 09, 2020 @08:22PM (#22828673)
> The price would have evened out if labor could cross borders as freely as the goods that it produces.

Not really, if that was the case for ex, everyone doing similar jobs would be getting paid the same in US or EU. I am not saying things dont get evened out to an extent, but people are harder to move than the goods they produce.

[ Parent | on HN ]
Re:Japan to fund firms to shift production out of China by int_19h on Thursday April 09, 2020 @08:48PM (#22828810)
True. Still, though, it's drastically easier to move within a single country (or economic area like EU), then it is to move across the border with immigration controls - even if moving across the border is much closer geographically. You can bet there'd be a lot more Chinese workers competing for jobs directly in US if they could.
[ Parent | on HN ]