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?
Why do you say that the Chinese can produce goods in the U.S. cheaper than Americans can?
Please provide some evidence to support your contention that they are “beating us in our backyard”. I doubt if you can find any.
I was in Asheboro, NC a year ago, at a campground. I heard a humming sound in the distance and asked someone what it was. He said it was the only cotton mill still running in North Carolina.