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Old 05-18-2019, 08:07 AM
 
20,955 posts, read 8,672,766 times
Reputation: 14050

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Quote:
Originally Posted by Old Gringo View Post
Exactly.

All those so-called "American companies" bellyaching about China's regulations have the option of "just saying no!"

Of course, then they'd have to consider going to Mexico instead. But Mexico's dirt-poor wages are still quite a bit higher than China's slave labor pay scale. And that's the real motivation; to go as cheap on labor as they can get away with.
Well, you are 1/2 right.........

American and multi-national corporations have willingly given up the tech. IN fact, they have heavily lobbied the US Government (successfully) since Reagan or before......PLEASE LET US SELL NUKES TO CHINA, etc......

In terms of Wages you don't have it quite right. The China thing is not due to low wages...in general. It's due to the combination of a vast supply chain (all the parts) and a much larger labor force....let alone the more advanced higher education available (to more people).....

A manufacturing worker in Szenchen easily makes 6,000 yuan per month with basic skills. That is over $200 per week and, say, $4 per hour or higher.

Mexicans make $2.50 to $3 per hour in manufacturing plants. The MINIMUM Wage in N. Mexican manufacturing plants is quite a bit lower - closer to $1 an hour.

But, in any case, China is not slave wages.

By that measurement, consider Texas with a $7.25 minimum wage.
Now, consider that the min. wage Texas worker goes and gets a MRI. Cost=$1200 for something basic.
The Chinese worker pays $150 for the same MRI.

So who is the slave?
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Old 05-18-2019, 08:33 AM
 
8,104 posts, read 3,959,384 times
Reputation: 3070
Quote:
Originally Posted by Old Gringo View Post
The Chinese aren't actually "stealing".

What they're doing is requiring these American firms that are so eager to access the low wage cheap Chinese workforce to submit to agreements that allow China to exploit American tech.

American companies agree to it so they can hire Chinese instead of Americans.

If they weren't so desperate to forsake the American workforce, this wouldn't be an issue.

And that's the way the fortune cookie crumbles.

Yep
The Chamber of Commerce and Business Lobbyists pushed for trade with China which punishes American Workers, and they do not like the results?

Cry me a river.

We should do nothing to help them at the government level, they should reap the consequences when they decided to get in bed with a Communist Country.
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Old 05-18-2019, 08:39 AM
 
8,104 posts, read 3,959,384 times
Reputation: 3070
Quote:
Originally Posted by Kevroqs View Post
Bill Clinton gave the Chinese our secret technology after they donated to his re-election campaign in 1996. No media outrage about foreign contributions.
Our own corporations sold tech to China because there was a lot of money to be made.
This is what happens when the business class own Washington DC.

They will not hessitate to sell out our country if there is money to be made.
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Old 05-18-2019, 08:43 AM
 
8,104 posts, read 3,959,384 times
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Quote:
Originally Posted by pknopp View Post
Seems we only understand "free trade" as a country doing exactly as we want them to. When they play by a different set of rules, it's time to go to "war".

It's perfectly within their scope to say that if you want to set up shop in our country, this is what you have to do. We do it with foreign companies that set up a business here.
The people that would be sent to war with China should it ever happen would be the same ones that were punished by trade with China.

If we ever go to war with them, we should put shareholders and CEO's that sold us out to China on the front lines.
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Old 05-18-2019, 11:04 AM
 
1,675 posts, read 576,711 times
Reputation: 490
Here is another example of how foreign companies (German in this case) willingly give technology to China. Intelectual property does not matter, what matters is profits.


https://m.youtube.com/watch?v=fL3EKcvos3Y

So What is going to happens once China surpasses the US in tech and gdp? We can expect the Chinese not to change their economic and political practices to let Americans take control. And we know who is the best at bombing countries. The only question is When? 2025? 2030?
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