Hi Bish , do you think Western countries are just too greedy and then run off whinging that they can't compete. Perhaps too many excessive overheads and generous executive salaries.
For example, from a company that you are familiar with, here are some figures from RNU DFS for 1st 10 years
Hoped for Selling Price US$4716
Hoped for Opex. US$1782
Pretty easy to work out that many companies will be able to out compete that margin and still be profitable.
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