From Bloomberg Businessweek, they report on labor problems in China - at the educated end. This is the opposite of the USA where unemployment for those with a college education is below 5%, half the national average unemployment of 9.5%. The USA is having trouble creating uneducated jobs. China is having problems creating educated jobs.
More […]

read more from this topic.....

Bloomberg News is reporting out of Asia trade restrictions from China on rare earth metals. Note in the article how first China gutted foreign manufacture, primarily in the USA but other countries too, by foregoing environmental regulations making China the low cost provider. Now that they are the dominant provider they’re claiming that they can’t […]

read more from this topic.....

This is interview provides an interesting comparison of China today with Japan circa 1990. The source is George Friedman, principal of Stratfor, an independent analysis firm of world strategic issues. Their observations of prior situations has been accurate. He believes China “will collapse” in the coming decade and that America will be the primary beneficiary:
For […]

read more from this topic.....

What has become clear over the years is that the existing regulatory system, in the USA and other developed countries, was built in an era of mostly domestic production. To the extent these regulators had to deal with imported products, they were dealing with products with comparable developed safety standards and regulatory systems. The system, […]

read more from this topic.....

More people are connecting the dots between China’s currency manipulation and negative impacts in the USA and other countries. Economist Paul Krugman, whom you have to read with a very critical eye when he’s outside his specialty, is right in this blog on the NY Times web-site about China’s currency practices:
 Right now, China is following […]

read more from this topic.....

The Globe and Mail reports on gated communities in China, not for the rich but for the poor. Gated not to protect the inhabitants but to impoverish the workers. When non-Chinese companies have to compete on an un-even playing field, it drives all labor to this level.

Gated villages in China have for years […]

read more from this topic.....

China surpasses US as the world’s biggest energy consumer, but immediately rejects title

[…]

read more from this topic.....

This is not yet general business press or US mainstream media but that it is at least in published book form indicates we are going down the road to open the world’s eyes as to what China is doing to the rest of the world.
From Asia Times -
Poorly Made in China by Paul […]

read more from this topic.....

As this economist notes, the New York Times is missing it but the business community is not. Last November, China issued directives that required companies to shift their research and development AND patents to China in order to do business there.
Chinese trade manipulations go way beyond just currency manipulations They are practicing the mercantilist […]

read more from this topic.....

Fortunately there is increasing recognition in the business press the hidden ways China is hurting the world with their mercantilist practice with their currency. Here’s a current discussion from Yahoo’s Tech Ticker about this subject. Their start of the conversation that if China did not like how the US is handling its economy, they could […]

read more from this topic.....