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To: maui_hawaii
Our corporations need to learn that cost cutting is not growth. Growth means an outward growth, meaning adding the number of consumers, which means fundamental individual rights and individualism. Thats directly opposed to the CCP way of doing things. Yet for the quick buck, corporations are not challenging their system.

I am all for trade as long as its on those terms.

Thats how Korea got rich, Japan, Singapore, Taiwan, etc.

Those have been some good investments.

For your information, US firms outsourced manufacturing to Japan, Singapore, Taiwan, etc. over the past few decades for "cost-cutting" reasons as well. It's only because these places have become rich themselves and their labor rates so high that manufacturing is now being transferred to mainland China, where labor wages are still low. Japan, Singapore, Taiwan, etc. all developed middle-classes through decades of exports, and China today is merely following the same path (including politically, as all these places had one-party rule).

19 posted on 08/22/2002 10:16:25 PM PDT by faulkner
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To: faulkner; AmericanInTokyo
There was never very much outsourcing to Japan. Japan has always had higher labor rates and overhead than even the US (at least it has since the 1960s). That said, wise US corporations have utilized the technologies of Japan especially via componentry (including advanced materials technology and PCB fabs).

While on the subject of Japan, there are still a far greater percentage of vertically integrated firms there versus the outsourced and PRC mongering US. And that will be a good thing for them when the #&$#* hits the fan.

23 posted on 08/23/2002 7:54:11 PM PDT by GOP_1900AD
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