The person pays for the good in US dollars. Where do those dollars go? The Chine... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		ebog on Feb 26, 2019 \| parent \| context \| favorite \| on: Wage Stagnation The person pays for the good in US dollars. Where do those dollars go? The Chinese people who now have USD either spend or invest them back in the US.

raincom on March 5, 2019 [–]

Most of the dollars go as profit for the multi nationals. The remaining (very minimal) goes to the contract manufacturers.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact