Posted on 10/19/2008 12:45:52 PM PDT by Flavius
pinch Related Quotes Symbol Price Change HAS 30.12 +0.03 MAT 14.45 -0.01 ^GSPC 940.55 -5.88 Chinese police officers stand guard as hundreds of workers gather outside a AP Chinese police officers stand guard as hundreds of workers gather outside a government building after
DONGGUAN, China Unemployed worker Wang Wenming was angry at his boss for shutting down a massive Chinese factory this week that made toys for Mattel Inc., Hasbro Inc. and other American companies.
But the assembly line worker was also furious at the United States.
"This financial crisis in America is going to kill us. It's already taking food out of our mouths," the 42-year-old laborer said Friday as he stood outside the shuttered Smart Union Group (Holdings) Ltd. factory in the southern city of Dongguan.
(Excerpt) Read more at news.yahoo.com ...
well get in line, there are plenty of socialists/communists ahead of you with that wish
also, i never quite understood the ever expanding economic circle or wealth and golfing
the only circle ive ever seen was never ending pool of credit manufacturing being gov or bank creation or is that no difference between the two now
rock on boys and gals
Heck, China doesn’t need factories. No modern nation needs factories. Good grief, if China wants to truly become modernized, it should close those factories.
Get that man a bailout, I mean rescue package, immediately!
Oooohhh... too bad so sad. They certainly didn’t mind when the money was rolling in from the US. Now that’s stopped, it’s our fault we’re not buying enough from them ? Huh ?
Yepppers - the commies will get to find out what the downward part of the business cycle looks like. And I have a feeling a good part of their population won’t much care for it. Should be interesting watching.
Dodd, Øbama, Frank, Schumer ruin Christmas morning, no toys under the tree; Thanks Democrats! NBC: Do Not Report
i think ever since we exported all high tech targeting systems and heavy weapons manufacturing system i guess no one wants to stand in front of a tank while being targeted from the air
its not like they are facing dreaded 50 caliber muskets
them chicoms have really good military now for taking out subversives
Ping.
THe billion Chinese dont overthrow the government because China's 3 million man army would only need to get off less than 300 shots per man to put an end to the uprising.
The Chinese wouldn’t have to pick up weapons. All they would have to do is refuse to work. General strike, doesn’t end until the government is gone or everyone starves. That’s the new revolution.
This isn’t news... it’s just twisted a bit to meet current headlines.
China has steadily been losing business to cheaper markets such as Vietnam and Thailand for the past several years. I know this first hand.
See post 10.
Which by your own logic would mean that every Chinese soldier is as talented as Duke Nukem and Rambo combined ...and perfectly happy to kill 300 of his own people.
The man’s got a point. Forcing farmers to farm, miners to mine, etc would only make the regime appear more repressive. But I suppose there would need to be a sea change in the Chinese mindset for anything like that to happen.
Chinese toys are killing American children and from what I understand, it's probably best not to eat the food what with all the contaminates. But of course it's Bush's fault.
These fellows in their little green uniforms look well fed.
I think it’s a culture thing. Some cultures are not conducive to democracy. Japan aside, I believe most of Asia and most of the Middle East will never be a permanent foothold for democracy. Some people just like to be told what to do.
Most Chinese support their government and don’t feel like they are enslaved. They have never known freedom and these days China is the most prosperous and free it has been in hundreds of years. Look at their past — emperors, warlords, Japanese, revolutionary war, cultural revolution... This is as good as it gets for the average Chinese.
If they turn on anyone, it will be the factory owners and the new wealthy class.
BTW, Flavius, how do you suppose Iran is doing with those plummeting oil prices? Sort of a "Montezuma's Revenge" for Bush, who, going out of office, sticks it to I'm-ona-jihad one last time :)
Excellent response - just sprinkle a little lead on it, LOL.
I feel for you but I can't quite reach. Tell your party chiefs to stop giving illegal campaign contributions to our lefty pols who created this economic mess.
Starve to death commie, Your junk with the lead paint and poisions in them are killing us so I should care about your skinny ugly a$$.
“Most of the factory closures are happening in the Pearl River Delta, and the changes didn’t seem to bother one of the province’s highest-ranking economic officials, Vice Governor Wan Qingliang.
In a briefing with foreign reporters this month, Wan said the global economic crisis wouldn’t deter the provincial government from pressing on with a sweeping plan to restructure the Pearl River Delta’s manufacturing base. He said the government wanted low-end factories to move farther into China’s interior so that they could be replaced with more high-tech, advanced industries.
“We have a policy to empty the cage for the new birds,” he said. “The ultimate target is to build the Pearl River Delta into the core region of modern manufacturing.”
If the strategy works, China might eventually come out of the toy crisis stronger. “
Well, from a marco-economy level, it seems that they don’t care whether such low end factories bankrupted or moved elsewhere, so dont make such a big deal about it, its impaction to China’s economy is 1/10000000000th compared the collapsed of your banks to your economy.
Good point. The concept is total rubbish, but...
No melamine for you!
A prudent expert would caution us not to equate “Mandate of Heaven” with “divine right”, but people who can think for themselves will realize that there’s no real difference between the two. At least two countries replaced “divine right” with “rule by consent” and are better off for it. Mind you, if the Chosen One wins, we may soon be back where we started.
It may swing right and left, but it’s also been drifting steadily to the left for a century or more. And the drift is accelerating.
And no, I won’t be one of those people who elects Obama, so I don’t deserve him. I’m not “people”.
Absolutely. The entire mechanism is moving left towards a European socialism model. Today’s Republicans are the democrats of the 1970s, with a few notable exceptions. However, these exceptions are growing older and fewer.
“A couple years ago, I felt sorry for my parakeets and thought about setting them free. I asked around about it, and everyone told me they wouldn’t migrate. Instead, they would be eaten by a cat within a month or would freeze/starve during the winter. And since they’ve never been free, they don’t want to be free. They want to eat bird seed and talk to each other. I suspect it’s that way for many people who have only known communist oppression.”
Or Ismalic oppression? Gives you pause doesn’t it.
But I’m not sure it’s true for people... Think of all the Cubans, Chinese, Russians, East Europeans, etc. that have managed to fly the coop and land here. I don’t think they want to go back and be caged.
LOL
#10 sounds logical but it’s more like wishful thinking. You dont know the Chinese and what they are capable of in the way of brutalizing their own people.
The Chinese government is blaming export declines for these shutdowns. But the fact is that there was a 20% year-over-year increase in Chinese exports to the US in September. And there's no shortage of toys on retail shelves here. The fact is that some of the toy production has moved towards less expensive locales in China, as well as outside of China. Bottom line, this guy is swallowing Chinese government propaganda. But then again, what else is new?
Xie is suffering from a malady known as Middle Kingdom (aka China is the Center of the World) syndrome - the fact is that toys were made in other Asian locations (Taiwan, Hong Kong, Singapore, South Korea, Thailand, Malaysia) before they were made in China, and Chinese plants are being shut down for the same reason other Asian locations were shut earlier - the costs got too high. Toy operations will now migrate to Cambodia, Vietnam, India, Pakistan, Indonesia and the Philippines, all of which are now lower cost than China. The fact is that no country, not even China, is indispensable to light manufacturing. If Chinese prices get out of hand, manufacturers will find other locales for assembly work.
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