Items most of us just assume the Chinese dominate in—household electronics, office equipment, and computers—actually have more than 90 percent of their value added outside of China. For ships the figure is 87 percent. For telecom gear and the guts of most electronic gadgetry it is 83 percent. Even for exceedingly lowbrow work such as paper, plastics, and rubber, upwards of half of the value-add happens elsewhere.*
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