> Spread across a tremendously diverse set of cultures and languages, but a much bigger market for companies that grow there.
It's more so the fact that Asian countries still have low margins manufacturers with little to no overhead.
I can open a garments or shirt factory with minimal overhead anywhere in Asia, but if I tried opening a Maquiladora here in the US, I'd be facing a 10-20 year federal sentence like those guys who brought Thais illegally to the Garment District in LA in the 90s.
All I need is 10 sewing machines, 10 semi-skilled laborers, some consistent electricity, and a bit of cash to pay off the local labor inspector. I def can't do that here in the US anymore.