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  • China, china everywhere! It seems like everything we use nowadays is made in China. Except for

  • that food from that Chinese food stall on the corner.

  • In fact, I bet you can spot at least 2 things that you are using right now which are made in

  • China.. So why does China make every-freaking-thing in the world??

  • Welcome to another Whack & Epified episode. Today, we will talk about the world’s factory,

  • China, and figure out if they are selling us products or a plan for Chinese domination.

  • For the first 30 years or so, China was a communist country. Which means only the government

  • was in the business of doing business. The common Chinese didn’t have the freedom to

  • work for themselves and try and earn an extra buck..

  • But once Big Daddy Mao died, the Chinese government decided it was okay with capitalism and other

  • Western evils like private business, making a profit and shopping for fun.. So up came

  • factories in Special Economic Zones around the country.. And I mean lots and lots of factories!

  • To begin with, these factories made cheap fakes of Western products.. These were exact

  • replicas of the originals. The quality sucked, yes, there were people in India, Bangladesh

  • and elsewhere who would rather pay a 100 bucks for Abibas shoes, instead of 1200 for a pair

  • of Adidas. And that’s how the China story began.

  • But as these Chinese factories got bigger and better, people from all over the world started

  • buying Chinese stuff. Now this gave rise to a whole new wave of champion Chinese companies, like

  • Lenovo, Haier and Xiaomi.

  • The real cash started flowing in when big international brands began to shift their manufacturing

  • to China. Big industrial parks came up which became cities themselves, like Foxconn’s

  • plant in Shenzhen, or EUPA in Xiamen, employing millions of Chinese youth looking for a better future.

  • Each of these Chinese factory workers made as much in a week as an American would make

  • in an hour of work. Now you can imagine how much cheaper it was to make things in China!

  • That's why a lot of them shut plants at home and they shift their base to China..

  • That started to create problems. Not only were people losing jobs to the Chinese, they

  • were also losing all their money. Since it had to buy everything from China,

  • America pays China about $ 220 billion every year for imports. Yup, it’s true! Even

  • India is caught in that trap, paying China a net of $57 billion for the stuff that we buy

  • from them. Back in 2012, there was big outrage in America when it turned out that

  • the tracksuits that US athletes wore for the opening ceremony of the London Olympics were made

  • in China. They still won the most gold medals though.

  • But there are more genuine concerns here. The Americans have been complaining

  • for years about extra cheap Chinese currency, which makes their exports even cheaper. Similarly,

  • India has complained about its IT companies not being allowed to operate on Mainland China,

  • which is a huge market.

  • China does buy stuff from the rest of the world.. It has a million millionaires, who

  • have some very expensive tastes. They have made China the biggest market for luxury,

  • accounting for 25% of all luxury products sold in the world.. Now that’s a whole lot

  • of bling!

  • In fact, just the number of people spending their money makes China the second biggest

  • importer in the world. But that’s still not enough to make the other countries feel not cheated.

  • The rapid industrialization of China has created a huge amount of prosperity there. But it's

  • even made the Chinese suffermostly in the form of untold pollution. Remember the

  • winter 2012, when Beijing was covered in so much smog it looked like that car from

  • Cheech & Chong.

  • China has already become the largest energy consumer in the world, 70% of which comes

  • from dirty, dirty coal. There is no option though. Factories must keep running..

  • By 2030, its estimated that China will produce an eye watering 12,000 million metric tons

  • of CO2, almost twice as much as India will. Living in a Chinese city would be like smoking

  • 5 cigarettes...AT THE SAME TIME!

  • People’s responses to this dilemma in history have not been very encouraging. Also adding the fact

  • that China doesn’t have a democracy makes the situation, shall we say, a little more

  • unpredictable..

  • That’s it from us here at Whack & Epified. Like, share and subscribe. Come join the tribe.

  • Tell us what you think about China from your Chinese

  • made phones and laptops in the comment section below.

China, china everywhere! It seems like everything we use nowadays is made in China. Except for

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