We let companies close factories here, move the equipment to China, bring the same goods back to sell in the same stores, and call that “trade.” But we don’t just “let” companies do this, we give big tax breaks that practically force companies to do this.
To the extent public opinion can be gauged in China, Bo appears to have acquitted himself among the public at large, perhaps salvaging his political legacy, if not his future.
Conditions for 70,000 workers at Pegatron plants allegedly worse than those reported in the Foxconn scandal.
Apple might have abandoned manufacturing supplier Foxconn in the wake of a scandal over deplorable working conditions in its Chinese factories, but it seems that labor rights violations are also rife at Pegatron, its new partner.
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China held its most important political meetings in ten years with the Communist Party Congress in Nov. and the National People's Congress in March 2013. A new leadership group assumed power: Xi Jinping is the new CPC general secretary and national president, Li Kejiang the premier of the state council. New officials assumed all but two positions in the political bureau's standing committee. A major decision is that China will change its economic development strategy.
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