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Commodities / Gold and Silver 2012 Jan 18, 2012 - 02:45 AM GMT
It's a consitent trope from those over on the mouth breathing left, that everything would just be better if we did more manufacturing in the UK.
As American consumers ogle over shiny new gadgets at this week's Consumer Electronic's Show , the workers that make those products are threatening mass suicide for the horrid working conditions at Foxconn. 300 employees who worked making the Xbox 360 stood at the edge of the factory building, about to jump, after their boss reneged on promised compensation, reports English news site Want China Times. It's not like this is the first time working conditions at Foxconn have made news outside China. But iPhone and Xbox sales surely haven't lagged in the wake of those revelations and neither Apple nor Microsoft has done much of anything to fix things.
But as of spoke, interrupted with an inquiry of his own: what would it take to make iPhones in the United States?
IN THE spring of 2011 the Pew Global Attitudes Survey asked thousands of people worldwide which country they thought was the leading economic power. Half of the Chinese polled reckoned that America remains number one, twice as many as said “China”.
One of the most frustrating issues to haunt the halls of alternative economic analysis is the threat of misrepresentative terminology.
President Barack Obama ’s decision yesterday to reject a permit for TransCanada Corp.’s Keystone XL oil pipeline may prompt Canada to turn to China for oil exports.
Americans view China's competition in telecommunications and fiber optics as worrisome enough that policymakers regularly consider enacting protectionist legislation. The possibility of China using its investment policies to seize the lead in automobile manufacturing also has Washington reacting vigorously.
Enlarge Photo Brazil’s state-controlled oil company expects to pump 4.9 million barrels of oil ... more >
Updated 2011-09-20 2:39 PM A Chevrolet Volt at the China Pavilion at Expo 2010 in Shanghai. It was the first working Volt prototype in China.
A quick observation. I could not help noticing that China’s imports from Japan fell 16.2pc in December. Imports from Taiwan fell 6.2pc.
BEIJING (AP) — An official Chinese newspaper says Beijing must punish the Philippines economically for proposing closer military ties with Washington.