But Liu is investing $10m in South Carolina, building a printing-plate factory that will open this fall and hire 120 workers. His main aim is to tap the large American market, but when his finance staff penciled out the costs, he was stunned to learn how they compared with those in China. Liu spent $500k for 30k m2 in Spartanburg — less than 25% what it would cost to buy the same amount of land in Dongguan. US electricity rates are about 75% lower, and in South Carolina, Liu doesn’t have to put up with frequent blackouts.

you won’t hear this from the dobbtards

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