China Now Losing Jobs to the United States
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  China Now Losing Jobs to the United States
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Author Topic: China Now Losing Jobs to the United States  (Read 823 times)
Frodo
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« on: July 22, 2016, 11:19:28 PM »
« edited: July 22, 2016, 11:23:12 PM by Frodo »

Is China Stealing Jobs? It May Be Losing Them, Instead

By MICHAEL SCHUMAN
JULY 22, 2016


BEIJING —
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President Johnson
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« Reply #1 on: July 23, 2016, 06:23:52 AM »

Hopefully just the beginning. Wait till Big Don is in office.
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Shameless Lefty Hack
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« Reply #2 on: July 23, 2016, 12:53:12 PM »

I mean, companies are moving their factories to places that have even lower labor standards than China does rn, OR are going to automated factories here.

Limited benefit to American workers.
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angus
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« Reply #3 on: July 25, 2016, 06:39:12 PM »

yes, the tags on my shirts and toys and trinkets all used to say "made in China."  Now they say "made in Bangladesh" or "made in Cambodia." 

It's a phase.  China has been around for five millenia, after all.  They're experiencing growing pains.  On my last trip to china (in 2012 for about a month) I was astonished by how much prices had risen--and even more by the number of fat people I saw walking around on the streets, which is something I never saw ten or more years ago--obviously their wages (and belt sizes) are increasing, but I seriously doubt that its sweatshop jobs are being "stolen" by people in places like Detroit and Tuscaloosa.
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ag
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« Reply #4 on: July 25, 2016, 11:29:04 PM »

yes, the tags on my shirts and toys and trinkets all used to say "made in China."  Now they say "made in Bangladesh" or "made in Cambodia." 


Your shirts, actually, have always been made in Bangladesh, etc. Peculiar business Smiley
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