Originally posted by Dowding
Question: who owns these factories in the third world and where do they originate from?
Dowding,
Do you have any experience with regards to this issue? I mean real-life, not reading stats about it, experience.
I do.
I worked for a Fortune 100 Company and was responsible for Factory Demand Planning for our factories in US, Europe, and yes HK and China. And for sourcing overseas.
I used to visit HK and China every 3 months for a few years.
Answer: Who owns these factories....Chinese...in some instances to be more specific the PLA of the PRC (unofficially of course).
We had our factory there and it was leased through the Chinese, who are very happy to do this. There is no arm-twisting involved at all....hell it's backed by the PRC government and encouraged.
Did you know that even to import goods into China you have to show documented proof that you intend to use PRC labor to convert that good into another product and export it back out of the PRC within 6 months (at least in the industries I worked in). You see, China stipulates that it will be a nation of exporters and to do that, you need factories and lots of em. Visit Shenzhen (and surrounding provinces) and you'll know that to true.
Sorry, can't entirely blame the West on this one. Not once you've actually been involved in it.
As far as that cloud....I've seen it, or more to the point, tasted it....and -dead-'s little air quality snippet above....Both cities are equally as bad, but in HK when I've visited, the summer is the worst, and many days you can't see beyond the harbor it's so bad.
Cobra