Reply to post: Re: State subsidies will allow Chinese firms to eat everyone's lunch

China may stick to its own DRAM memory soon – researchers

Nick Ryan Silver badge

Re: State subsidies will allow Chinese firms to eat everyone's lunch

I read the above post that the standard of living was related to the local demand for the products (or the products that contained them). With a step up in the standard of living (or more pointedly the ratio improving between wages and the cost of essentials) the local demand for non-essential-to-life products grows markedly.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2021