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

Posted in the China Forum

usainthehouse

Wylie, 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

Australia

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

he also sell cure all snake oil.
usainthehouse

Mckinney, 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

Grand Prairie, 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

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