Clearly looks like furthest from Australia you went to Wagga.
In many countries 2-3 dollars an hour is good wage and in Africa it is big wage.
Cost of production is many times lower even you add cost of transport.
In few years China will run Africa like one of their provinces.
Same is applicable to South America.
Get out of the cave called Australia and you will be really surprised what's happening in the rest of the world
PS:
"Bilateral trade between Argentina and China has grown from $1.85 billion in 2001 to $12.4 billion in 2008, Paz said. Chile's trade with China has grown from $2.1 billion to $15.3 billion over the period."
http://www.reuters.com/article/idUSTRE55T7K520090630
"These Chinese moves in Africa are breathtaking in their scope. Whereas the European grab for Africa and its treasures in the l9th century was haphazard, and fed by rivalry in Europe as much as interests in Africa, the Chinese neo-imperialism has a thoroughness and a planning that no European power -- not even Britain -- ever aspired to.
China is reported to be active in 48 countries out of the roughly 53 real state entities on the continent, or on its offshore islands."
http://www.winnipegfreepress.com/opinion/westview/chinas-expansion-in-africa-breathtaking-70689847.html
,
Add to My Watchlist
What is My Watchlist?
