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Factory closure in China a sign of deeper pain
ap ^ | 10/19/08 | By WILLIAM FOREMAN,

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 ...


TOPICS: News/Current Events
KEYWORDS: china; hasbro; imports; madeinchina; manufacturing; mattel; toys
But the assembly line worker was also furious at the United States.

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

1 posted on 10/19/2008 12:45:53 PM PDT by Flavius
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To: Flavius

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.


2 posted on 10/19/2008 12:47:51 PM PDT by DoughtyOne (Is Obamanation what our founding fathers, our fallen men in combat, and Ronald Reagan had in mind?)
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To: Flavius
"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.

Get that man a bailout, I mean rescue package, immediately!

3 posted on 10/19/2008 12:48:24 PM PDT by Steely Tom (RKBA: last line of defense against vote fraud)
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To: Flavius
Maybe they should get mad at the communist government that enslaves them.

The communists sure put the worker first, don't they?

I don't get it. The Chinese people are over a billion strong. They could overthrow their government by late afternoon if they wanted to. Why don't they want to?
4 posted on 10/19/2008 12:49:15 PM PDT by mysterio
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To: Flavius

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.


5 posted on 10/19/2008 12:49:23 PM PDT by farlander (Try not to wear milk bone underwear - it's a dog eat dog financial world)
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To: Flavius

Dodd, Øbama, Frank, Schumer ruin Christmas morning, no toys under the tree; Thanks Democrats! NBC: Do Not Report


6 posted on 10/19/2008 12:50:48 PM PDT by Son House ("At Least In Europe, The Socialist Leaders Are Upfront About Their Objectives")
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To: mysterio

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


7 posted on 10/19/2008 12:51:02 PM PDT by Flavius (war gives peace its security)
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To: JACKRUSSELL; TigersEye

Ping.


8 posted on 10/19/2008 12:51:17 PM PDT by Army Air Corps (Four fried chickens and a coke)
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To: mysterio
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.
9 posted on 10/19/2008 12:54:43 PM PDT by DogBarkTree (That sharp pain to the LibRat's groin is called the Palin Effect.)
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To: Flavius

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.


10 posted on 10/19/2008 12:54:58 PM PDT by mysterio
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To: Flavius

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.


11 posted on 10/19/2008 12:55:17 PM PDT by Outland (Liberalism is a mental disorder. Socialism is a deep psychosis. Communism is brain cancer.)
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To: Flavius
Those foreign yankee devils are no longer buying cheap toys from us! Damn them!

...and then there are those over here who may take some delight in seeing reduced imports from China. Sure, this could be the start of a trend! All those manufacturing jobs making cheap plastic toys are gonna come back home to the good old USA!.... one day. Aren't deep recessions great?

I don't see how anything good would really come from this financial crisis unless it deposes the shysters over here (no indication of that so far) and somehow prompts the Chinese to take another glance at their chief domestic problem: the regime.
12 posted on 10/19/2008 12:55:24 PM PDT by dr_who
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To: DogBarkTree

See post 10.


13 posted on 10/19/2008 12:56:25 PM PDT by mysterio
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To: DogBarkTree

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.


14 posted on 10/19/2008 12:57:50 PM PDT by dr_who
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To: mysterio

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.


15 posted on 10/19/2008 1:00:06 PM PDT by dr_who
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To: Flavius
This financial crisis in America is going to kill us. It's already taking food out of our mouths

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.

16 posted on 10/19/2008 1:01:55 PM PDT by itsthejourney (1 of every 10 people you pass in the mall is here illegally)
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To: DogBarkTree

These fellows in their little green uniforms look well fed.


17 posted on 10/19/2008 1:02:07 PM PDT by kittymyrib
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To: dr_who

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.


18 posted on 10/19/2008 1:03:26 PM PDT by mysterio
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To: mysterio

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.


19 posted on 10/19/2008 1:06:39 PM PDT by MediaMole
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To: MediaMole
They have never known freedom

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.
20 posted on 10/19/2008 1:10:49 PM PDT by mysterio
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To: Flavius
Rising tide lifts all boats, and an ebbing tide lowers all boats, beginning with those furthest from the top. Welcome to the recession, China. You'll be back in the Sung Dynasty before we experience real pain.

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 :)

21 posted on 10/19/2008 1:14:51 PM PDT by LS ("Castles made of sand, fall in the sea . . . eventually." (Hendrix))
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To: DoughtyOne

Excellent response - just sprinkle a little lead on it, LOL.


22 posted on 10/19/2008 1:25:02 PM PDT by donna (Chickens grown in the USA; processed in CHINA; sold in the USA. Huh?)
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To: mysterio
I wouldn't go that far. The Chinese have been getting violently angry at corruption in their own country. They deposed their emperor and could do it again. Tienanmen Square wasn't an accident. But I don't think the folks in the provinces have yet made the connection between their discontent and men at the top of the pyramid.
23 posted on 10/19/2008 1:27:31 PM PDT by dr_who
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To: Army Air Corps
"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

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.

24 posted on 10/19/2008 1:33:58 PM PDT by TigersEye (''Stroke of the pen, law of the land. Pretty neat.'' -- Paul 'the forehead' Begala)
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To: dr_who
Mandate of Heaven. It's always been that way in China. And each time, the Emperor has been replaced by another Emperor of sorts.
25 posted on 10/19/2008 1:38:49 PM PDT by mysterio
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To: Flavius

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$$.


26 posted on 10/19/2008 2:41:29 PM PDT by bikerman (_ _ . /_ _ _ /_ . . / / . . . . / . / . _ . . / . _ _ . / / . . _ / . . . //)
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To: Flavius

“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.


27 posted on 10/19/2008 3:37:38 PM PDT by ff52051
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To: mysterio

Good point. The concept is total rubbish, but...


28 posted on 10/19/2008 4:42:19 PM PDT by dr_who
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To: Flavius
"It's already taking food out of our mouths,"

No melamine for you!

29 posted on 10/19/2008 4:45:24 PM PDT by Overtaxed (Can't we just wish 0bama into the corn field?)
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To: mysterio

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.


30 posted on 10/19/2008 4:46:44 PM PDT by dr_who
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To: dr_who
We're all somewhat bound by our culture.

A lot of our roots are European. Our concept of a democratic republic goes back thousands of years, and most of us are about to celebrate a string of several thousand year old holidays.

So I suppose I shouldn't throw stones that the Chinese for not changing much over the past few millenia.
31 posted on 10/19/2008 4:50:06 PM PDT by mysterio
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To: dr_who
Mind you, if the Chosen One wins, we may soon be back where we started.

Nothing more than the pendulum swinging first right and then left. People elect the government they deserve. Hopefully people will someday want freedom again and will throw off the yoke.
32 posted on 10/19/2008 4:51:55 PM PDT by mysterio
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To: mysterio

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.


33 posted on 10/19/2008 4:56:16 PM PDT by dr_who
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To: mysterio

And no, I won’t be one of those people who elects Obama, so I don’t deserve him. I’m not “people”.


34 posted on 10/19/2008 4:58:02 PM PDT by dr_who
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To: dr_who

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.


35 posted on 10/19/2008 4:58:40 PM PDT by mysterio
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To: mysterio

“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.


36 posted on 10/19/2008 6:37:39 PM PDT by aquila48
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To: donna

LOL


37 posted on 10/19/2008 9:12:03 PM PDT by DoughtyOne (Is Obamanation what our founding fathers, our fallen men in combat, and Ronald Reagan had in mind?)
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To: dr_who
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. Are you kidding me? Do you remember what happened in 1989? I was there. They brought in soldiers from outside Beijing. They had no sympathy for the student protesters and had no trouble killing them by the thousands.
38 posted on 10/20/2008 5:48:00 AM PDT by DogBarkTree (That sharp pain to the LibRat's groin is called the Palin Effect.)
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To: mysterio

#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.


39 posted on 10/20/2008 5:51:10 AM PDT by DogBarkTree (That sharp pain to the LibRat's groin is called the Palin Effect.)
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To: Flavius
"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.

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?

40 posted on 10/20/2008 7:35:26 AM PDT by Zhang Fei
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To: Flavius
"When these companies go bust, the outcome is higher prices," said Andy Xie, an independent economist in Shanghai. "Labor costs have gone up 70 to 100 percent in the last three or four years. But these guys have not been able to raise their prices because Toys "R" Us, Home Depot and Wal-Mart are saying no price increase. How is that possible?" For years, there were too many factories competing to win bids from foreign buyers demanding prices that were often unrealistically low. The winners were American and European consumers, who enjoyed rock-bottom prices. But many factories were scrimping on materials and stiffing their suppliers just to survive, Xie said. The financial crisis will be the final culling factor that forces many wobbly factories to go belly up and end an unsustainable situation, he added.

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.

41 posted on 10/20/2008 7:45:04 AM PDT by Zhang Fei
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