[ninenot]

Are you sure that "China never sees the profits?"

The PRC serves as the "contractor" for all labor in Red China. GE simply writes one check to the PRC, who then is supposed to pay the workers--but nobody knows with certainty exactly who gets paid what.

It's not like ADP does payrolls there.

Further, it's a matter of record that the PRC Gummint bigwigs are taking graft like nuts from developers who purchase/develop the factory sites. (See the American Spectator series of articles on Clinton's buddies from SE Asia...)

[maui_hawaii]

Of course they turn and make a profit relative to what they are doing. Otherwise they wouldn't do it. SE Asia has done well doing that, and now China is taking it away from them.

The point I was making is that China is doing the back office type of things. They are not out front doing things, which is where the real money is.

The PRC serves as the "contractor" for all labor in Red China. GE simply writes one check to the PRC, who then is supposed to pay the workers--but nobody knows with certainty exactly who gets paid what.

Things aren't nearly as simple as you say. Really it doesn't work like that...with one check being written to some party hack...

[maui_hawaii]

I will give you this though... there are always exceptions.

The truth of the statement(s) differ widely depending on who we are talking about, and what they are doing.