The real moat is the cluster: 114 companies in one county. Only 30 make finished lighters. The other 84 make parts.
200+ components sourced within a 20km radius. New prototype parts same day.
15 billion lighters a year. 70% of the planet.
To keep that alive, one factory spent 4 years automating everything.
Workers: -80%. Output: +900%. Labor cost per lighter: ¥0.10 -> ¥0.015.
They now make ~10 million lighters a day with 3,000 people.
A disposable lighter made in China contains 27 precision parts — casing, wind shield, piezo ceramic, spring, wick, seal ring.
Retail price: ¥1. About 14 cents. It hasn't moved in 20 years.
Factory net profit in Shaodong, Hunan: ¥0.01 per unit. One cent.
I'll also share whatever new and interesting things cross my path.Thanks for being here. Let's see where this goes.Opening my eyes to the world — starting today.
So I'm starting this account to share the other side of it: genuinely good products from China that deliver absurd value for the price.If even one find makes your day-to-day cheaper or easier, worth posting.
China can make far more than people can afford to buy right https://t.co/gdf6mHhrkR reminds me of Depression-era America (the Hoover years) — farmers pouring milk into rivers while families went hungry.I never understood that kind of despair. Now I do.