Move Over, Michigan, China Is The Wor...

Move Over, Michigan, China Is The World's Next Rust Belt

Posted in the China Forum

usainthehouse

Melissa, TX

#1 Dec 10, 2012
http://www.forbes.com/sites/gordonchang/2012/...

Chinese political risk, once thought to be minimal, became a factor. Beijing attempted to use its considerable economic leverage to achieve geopolitical goals, and this involved the targeting of companies from countries that had, in one way or another, angered China. Since the middle of 2010, Beijing has gone against Japanese, Norwegian, American, and European Union businesses. Chinese leaders, in the process, started to make their country an unreliable part of global supply chains.

Second, smaller foreign investors began to pull back as they realized that manufacturing in China substantially increased the risk of loss of their intellectual property. Beijing did little to stop rampant theft.

China churned out 70% of all counterfeit goods.

Read the article, it tells how poor leadership has lead to many reasons why foreign factories are moving or setting up elsewhere.Big Egos may stop what should be a 100 year edge and shorten it to 30 years.
attila the Han

Brookvale, Australia

#2 Dec 10, 2012
gordon chang predicting the day the kingdom cometh.

he also sell cure all snake oil.
usainthehouse

Plano, TX

#4 Dec 12, 2012
attila the Han wrote:
gordon chang predicting the day the kingdom cometh.
he also sell cure all snake oil.
If you cant see that many of the articles points are true your on a sugar high
RayH

Shenzhen, China

#6 Dec 13, 2012
attila the Han wrote:
gordon chang predicting the day the kingdom cometh.
he also sell cure all snake oil.
You mean the same Gordon Chang who predicted China's economy would collapse in 2006? Same idiot.
usainthehouse

Melissa, TX

#7 Dec 13, 2012
RayH wrote:
<quoted text>
You mean the same Gordon Chang who predicted China's economy would collapse in 2006? Same idiot.
If you cant see that many of the articles points are true your on a sugar high

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

China Discussions

Title Updated Last By Comments
News China warns people to shun practise of Islam, s... 1 hr Truth Teller 2
News Pink Panther actor Burt Kwouk dies aged 85 Tue Old Sam 1
Are Northeast Indians ethnically same as Chinese? (Feb '10) May 22 we R not filthy I... 77
News College student detained in China for allegedly... May 20 Test 2
Are Chinese Barbaric? (Nov '07) May 17 suzlesterbeach 692
News Palestinian protester shot by Israeli troops dies (Aug '15) May 17 idf 11
News Analysis: Natural Gas, NOT Green Energy, Caused... May 16 JPADEA 2
More from around the web