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The steel industry in China has been driven by rapid modernisation of its economy, construction, infrastructure and manufacturing industries. The steel industry was small and sparsely populated at the start of the twentieth century and during both world wars. Most of
Cheaper prices are due to a complex, national strategy of China to become the preeminent superpower of the 21st century. Most people would say the answer is obvious - - lower wages in China compared to the United States. However, that answer is only partially
The automotive industry in China has been the largest in the world measured by automobile unit production since 2008. Since 2009, annual production of automobiles in China exceeds that of the European Union or that of the United States and Japan combined. The traditional "Big Four" domestic car manufacturers are SAIC Motor, Dongfeng
By comparison, China has to pay 50 to 170 percent more for natural gas. At worst, natural gas prices can cost up to three times more in China. Electricity prices in Mexico tend to be higher than compared to China and most cities throughout the United States.
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