Labour costs are artificially kept low in the global south due to imperialism. The US’ dollar hegemony helps them artificially depreciate Global South currencies, in which you, a Westerner benefits immensely from.

Low wages doesn’t signify anything about the mode of production. Truthfully, wage labour existed even prior to capitalism.

You don’t even know what you are talking about but you, in typical orientalist and racist fashion, thinks you know anything about a civilisation that has lasted 4000 years.

What is fact is that China has had the highest wage growth for the past few decades, which taking into account its 1.3billion population, means it has have helped uplift more people out of poverty than the entire population of the West.

Calling China “state capitalist” is an insult to all the people that were colonized by the Europeans, where ACTUAL capitalism destroyed, pillaged and genocided entire civilisations for the benefit of Capital, which is still happening btw.