81–90 of 172 posts
Shenzhen China factory owner here. The costs are definitely rising in China for English speaking technical labor such as the engineers we need. We compete with companies like Apple and all the other foreign companies rushing to China these days to keep them employed. But we are still talking much lower salaries overall, for example, $30,000 USD/year for a degreed Sr. Electrical design engineer with 20 years experienc…
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American entrepreneurs are the best thing that has happened to China in centuries. If it weren't for American capital, and the American consumer, China would have developed drastically slower (if at all). China's GDP per capita in 1994 was ~$480. That's ~45 years after the Mao revolution. There was no alternative than to pay them cheap wages to start. If you paid them 'first world' wages, nobody would have set up man…
I just don't understand how anyone could be OK with /anyone/ that takes part in this process. It's not okay for the "200 Chinese billionaires" to be profiting off of abusing others, just as it is not okay for Americans to be giving money to these people. There is a difference between being successful financially and being able to sleep well at night.
http://www.slate.com/articles/business/the_dismal_science/19...
(Yes, I'm Hellbanned.)
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I'm not sure you would be as quick to sarcasm if you spent some time in Chinese factories. It's a though life, even in the good ones. As the purchaser you have a lot of power over the process, not just at one factory, but in which factory you choose. To me that also means you have a responsibility. The least anyone working with Chinese companies should do, is to go and look at the factories.
Yes, it's a tough life, but people actually pick that life because other options are tougher (for example being a rural farmer somewhere). It is true that we should care about conditions in factories such as these and work to improve them. It's also true that if you insisted that Chinese workers get paid what American workers would, there would have been almost no factories and the entire country would still be in de…
Unfortunately that wasn't represented in the rest of your comment.
That people have much of a choice in what is essentially an industrial revolution is quite far fetched, so is the notion that factory work is easier than farming. I'm also not sure what American salaries has do to with my comment at all. I'm purely stating that people should have some respect for what many Chinese are going through without all or nothing BS arguments.
China is much more dynamic than people are used to in the west. The have a much wider range of offerings. If you don't demand anything you're going to get the lowest one. To the disadvantage of yourself and the people doing the job.
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The US could fit most of your points, probably even better. The world is not "doomed". What does that even mean? China certainly has its issues, but this sort of irrational fear speaks to me of a subtle form of racism.
I agree with you that the world is nowhere near "doomed" or even heading in that direction. It's not fair to claim racism here, however. The poster did not mention anything about race.
There are health and environmental costs to fracking which are not being adequately addressed, and which are unsurprisingly ignored by this article. China was able to get a leg up through dirty coal and oil operations, but there are consequences to this. Some of their cities are today near uninhabitable, some are just unbearably smoggy. We definitely do not want to pat ourselves on the back for an economic boom that…
No different to anywhere else in the world, just that it happened more recently.
Shenzhen China factory owner here. The costs are definitely rising in China for English speaking technical labor such as the engineers we need. We compete with companies like Apple and all the other foreign companies rushing to China these days to keep them employed. But we are still talking much lower salaries overall, for example, $30,000 USD/year for a degreed Sr. Electrical design engineer with 20 years experienc…
What are the credit terms that you extend to your customers?
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* Do you know who the lobbyists in Washington are? * The US didn't sign the Kyoto Protocol * Three letters: NSA * OK, you win on this one
Now you're just pulling stuff out of thin air for arguments sake. Do you hate US that much? If you're an American, let me ask you this, how are you making this country better? If you're not an American, let me ask you this, would you prefer a representative democratic superpower or a communist/oligarch superpower?
Also Looking at your comment history...it seems like you hate China a lot
Earlier quoted context omitted.
* Do you know who the lobbyists in Washington are? * The US didn't sign the Kyoto Protocol * Three letters: NSA * OK, you win on this one
Now you're just pulling stuff out of thin air for arguments sake. Do you hate US that much? If you're an American, let me ask you this, how are you making this country better? If you're not an American, let me ask you this, would you prefer a representative democratic superpower or a communist/oligarch superpower?
Shenzhen China factory owner here. The costs are definitely rising in China for English speaking technical labor such as the engineers we need. We compete with companies like Apple and all the other foreign companies rushing to China these days to keep them employed. But we are still talking much lower salaries overall, for example, $30,000 USD/year for a degreed Sr. Electrical design engineer with 20 years experienc…