The rise of China Inc.

The Boston Globe ^ | 8/19/2003 | Charles Stein

[Willie Green]

It is a long way from China to Hyannis, but not far enough for David Bourque.

His 20-person Hyannis company, Abco Tool & Die, has been losing jobs to competitors in China. On some projects, Bourque has submitted bids for $50,000 to make elaborate plastic molds for the optical industry. The bids from his Chinese rivals: as low as $5,000.

[fortaydoos]

and any minute the free traitors will show up and tell us that this situation is just dandy....

[Dane]

and any minute the free traitors will show up and tell us that this situation is just dandy...

And doom and gloomers like you post an instant reply, not noticing that the same liberal press was all in a tizzy about Japan Inc. 20 years ago.

How is Japan Inc. doing now?

[RS]

"How is Japan Inc. doing now?"

Once American auto manufacturers have gotten their act together and can produce a well-made product, Japan, Inc. takes a dive.

( and China,Inc. is taking a big bite of Japan,Inc. so it really dosen't help us in a lot of cases )

[Fishing-guy]

The situation is not dandy, but it's the reality.

Even if we block further job transfer to China for these labor-intensive jobs, they will just move to another third world country.

I believe we should make sure China is not putting up any trade barriers and make them buy more American-made goods, like high-tech stuffs and certain agricultural products.

The alternative is to put up trade barriers and become isolationist. However, the last time that happened, it lead to the Great Depression.

[snopercod]

An old schoolmate owns a plastic injection molding company in the SF Bay area. For years he has had all his dies made in China for the reasons mentioned in the article.

[kaktuskid]

Making most of its stuff OUTSIDE of Japan!

[Willie Green]

However, the last time that happened, it lead to the Great Depression.

Doesn't it embarrass you to display such a clueless grasp of both history and economics?

[Dane]

Once American auto manufacturers have gotten their act together and can produce a well-made product, Japan, Inc. takes a dive

Oh no, it wasn't only the auto industry. It was TV's, semiconductors, sushi.

The Japanese were going to take over the world according to reports by the The New York Times and Boston Globe of 15-20 years ago.

Sheesh even in the movie Back to the Future II, the Marty McFly of the future had a Japanese boss.

Oh yeah, kind of "coincidental" that those reports of a Japanese "takeover" happened during Republican administrations.

[Fishing-guy]

Please enlighten me, professor.

[snopercod]

How is Japan Inc. doing now?

How is the consumer electronic industry in America doing? Once it went to Japan in the early 70's, it never came back to our shores.

I'm still pissed about that, because when I got drafted out of college in '69, I had specialized in consumer electronic design. When I got my discharge in '72, there was no consumer electronics industry left in the U.S.

But hey, I adapted. I got into nuclear power. Bad mistake there...

So I adapted again and got into aerospace. Another bad mistake...

But if I ever decide to punish myself for some horrible guilt, I'll become a symbol manipulator who produces nothing but makes fun of those who do on FR.

[reed_inthe_wind]

Can you say Human Rights

[Dane]

I'm still pissed about that, because when I got drafted out of college in '69, I had specialized in consumer electronic design. When I got my discharge in '72, there was no consumer electronics industry left in the U.S.

Well, why didn't you knock on your neighbors' doors and ask if you could destroy their new 1972 panasonic quadraphonic sound system with an 8 track. I guess you would have felt better without occurring to you that the unions had driven that business to Japan in the first place.

But hey, I adapted. I got into nuclear power. Bad mistake there...

Sheesh, dont blame me. That Is Jane Fonda's doing. You know the broad, that while you were serving your country, she was kissy face with the Viet Cong.

[lelio]

On CNBC this morning they had an economist with one of the global investment strategy companies (I think that's its name even) and he was dispassionately going through the motions saying that every business should have an eye to offshoring manufacturing to China.

I wouldn't expect less from an analyst or economist, and that's why we need some leadership in this area. Just based on economics sure we should send over everything offshore. What's that, no one here has a job? What's that, China is now saying "shove off" and is marching into Taiwan? What's that, people are leaving America is search of greener pastures?

[drypowder]

I hate those countries who make so much money off their slave labor that the ruling class becomes wealthy beyond imagination. What concerns me even more is the huge amounts of US money going to countries like China who use a lions share of that money to build a miltary complex that will rival our own very soon. Spread the wealth, improve the world economy but don't be naive in thinking that it will never come back to haunt us.

[warchild9]

China is a communist slave state who have declared themselves to be our enemies. They have nuclear-tipped missles aimed at us.
Hello, bot! We're financing our enemies!

[GraniteStateConservative]

Barry Goldwater had an odd idea in 1964--

That wacky guy!

[dogbyte12]

But if we trade with the communists, and grease them with bribes to allow us to exploit their prisoners, they will believe in freedom.

They will stop spending money on the military, and stop sending political dissidents to jail, and then on to sweat shops, because the money we ship to them in exchange for exploiting their people, will convince them to stop exploiting their people!