Thursday, July 26, 2012

Article: U.S. Factories Leaving China

1 comment:

OverTheHill said...

Heres a related blog article:

http://www.nakedcapitalism.com/2012/07/death-of-the-china-cult.html

A couple of excerpts:
...
Since the beginning of time (well, that’s an exaggeration of course), China has had the creativity and necessary skills to create fake and low quality products beyond anyone’s imagination. We also knew that corruption in China was horrible since the beginning of time (and this is not an exaggeration, as that has been a recurring theme of the rise and fall of different dynasties ever since Imperial China).
...
[This is] not just history, but current reality. China is still full of businessmen who make crap products that are dangerous for human consumption.
...

And an extract from one of the comments:
"...You still have tons of Chinese garbage products but the western customers have run out of money to buy them. The next thing they will be faking is sales...."