Nothing in the article says that Chinese can produce goods cheaper in the U.S. than Americans can.
Yes, I understand that. I would like to see a side-by-side comparison to see how they can beat us in our own back yard.
The cost of material should be the same. Cost of labor (minimum wage) should be the same. So, if a Chinese manufacturer and an American manufacturer is working in the same town, how could the Chinese undercut the American firm?
Is it due to salaries to the management? If it’s a publicly traded company, do they have to meet financial expectations of the shareholders that Chinese companies don’t have to worry about?