Yes, less efficient operations world wide are shutting down which is why manufacturing employment is shrinking while manufacturing output is rising. Even here in the US. And we don't need a conspiracy to explain it.
You are right, sort of. . if one doesn't mind getting dizzy from the spin.
I did not make my point well.
My point: You insult western free market enterprises by equating them to Mao-era, Communist-owned worthless "enterprises".
Here's what I mean
Haier Group, China's largest kitchen-appliance maker, is NOT losing jobs nor are any of the modern enterprises built largely with western FDI and technology. These special economic zone enterprises are equivalent to western enterprises. I guess so they either conned, extorted or stole it from western useful idiots.
The old, worthless Mao-era Communist "workers' paradise" enterprises -- we pretend to work and the government pretends to pay us -- are losing jobs and a lot more jobs would be lost if a revolution would not be the result of cutting more "manufacturing" jobs. It is the Chi-coms' banks' nonperforming loans that are keeping these remaining cesspools of waste funded and open.
The point, a second time: you insult western free market enterprises by equating them to such Communist "enterprises" as Qingdao people's Refrigerator Factory -- those are the "manufacturing jobs" that are being lost.
A little history from several Internet sources.
Haier started out as Qingdao peoples' Refrigerator Factory, a state-run enterprise turning out low-cost, low-quality products.
Zhang Ruimin took over in 1984. Mr. Zhang, a Communist Party member and local-government bureaucrat, instituted management and quality-control standards at the plant with assistance from one of Germany's largest appliance makers.
The first thing Mr. Zhang did is assemble the often drunk "employees" of the Refrigerator Factory -- one source said that it was common for the "workers" to urinate on the assembly line -- and proceeded to smash the assembled, worthless refrigerators with a sledgehammer.
My point a third time, you insult western free market enterprises by equating them to Mao-era, Communist-owned worthless "enterprises" like the people's Refrigerator Factory.
You can call those Communist cesspool enterprises "less efficient operations" if you want and spin the B.S. that China is losing jobs like every western free enterprise country but it's still spin B.S.