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Old 11-12-2007, 10:20 AM   #10 (permalink)
brem
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Re: So what's wrong with China?

I agree with Ray Vega with his assertion of the situation up to a point. Like most countries, when they develop and go from an almost feudal system to an industrialised system, it creates all sorts of tensions. That's what is happening in China right now. Even though the people there are underpaid by our standards, they still, as a whole get richer. To deny them those factories would be denying them a way to improve their situation.

Of course, for our rich G7ish countries, this means that our economy has to shift from a manufacturing economy to an industry of services and engineering.

What's the solution so all can enjoy their fair share? :)
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