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To: expat_panama
Wait a second-- when a US manufacturer opens a plant in China, it's good for China at our expense. And when some foreigner opens a plant in the US it's bad for us and they profit?

Am I missing something?

One of us is.

When a US manufacturer opens a plant in China, it's good for China at our expense

It's at our expense (jobs wise) when the plant in China isn't for the China market but rather the US market...How many Chinese plants are in the US and other than manufacturing eqiupment from closed plants , what is exported to China?

Toyota didn't build a plant here for their Japanese market...get it?

26 posted on 02/29/2004 12:06:38 PM PST by lewislynn (The successful globalist employee will be the best educated, working for the lowest possible wage.)
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To: lewislynn
In other words, if 'X' country builds a plant in 'Y' country, which ever one is America it's bad for America.  That point of view sure makes the Americans look like idiots.

27 posted on 02/29/2004 12:27:10 PM PST by expat_panama
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To: lewislynn
The toyota factory uses American labor to produce cars for the American market. Profits go back to Japan.

The US manufacturing plant in China uses Chinese labor to produce goods. The goods and profits are sent back to the US.

"good" and "bad" depend on whether you're the consumer, the capitalist, the worker, or the unemployed worker.

29 posted on 02/29/2004 4:12:31 PM PST by RagingBull
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