It doesn't though. It costs a certain amount of Yuan. About 70CNY
Therefore to make the numbers add up now they need $5 to buy 70CNY
Which means to make China a viable source, the exchange rate needs to go from 1:7 to 1:14.
Those Chinese Sovereign wealth funds need to be more generous with their CNY if they want to keep the manufacturing.
It doesn't though. It costs a certain amount of Yuan. About 70CNY
Therefore to make the numbers add up now they need $5 to buy 70CNY
Which means to make China a viable source, the exchange rate needs to go from 1:7 to 1:14.
Those Chinese Sovereign wealth funds need to be more generous with their CNY if they want to keep the manufacturing.