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2021-09-20 China-Japan-Koreas

More Fortune Global 500 Companies Pulling out of China

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Posted by trailing wife 2021-09-20 00:00|| || Front Page|| [18 views ] Top
File under: Commies

#1 It's almost like the Fortune 500 expect President Trump to return to office.

Posted by Throth Bucket8145 2021-09-20 01:07|| 2021-09-20 01:07|| Front Page Top

#2 Story was about Gerbil 500 companies. They are moving pieces around on the chess board but if you believe they are giving up on china, you don't get slave labor at all.

Posted by M. Murcek 2021-09-20 04:12|| 2021-09-20 04:12|| Front Page Top

#3 Story was about Gerbil 500 companies. They are moving pieces around on the chess board but if you believe they are giving up on china, you don't get slave labor at all.

Slave labor can't be employed directly. Even Foxconn won't use slave labor. That segment falls within the purview of Chinese subcontractors. Turning a blind eye comes easier when someone else houses and feeds the slaves. Get a complaint? Switch subcontractors. No severance required.

The problem with China is theft of intellectual property. Outside of literal slave labor, Chinese salaries exceed maquiladora levels. Land prices are in the stratosphere, thanks to its massive property bubble. Previously lax regulatory enforcement against foreign operations is now almost vengeful, as if the Chinese are settling long-held grievances on their backs, even while their Chinese competition gets a free ride. Bottom line is that China welcomes foreign investment, but the grift gets into gear as soon as the investment is complete. If they are long-term thinkers, the Chinese definition is in the ballpark of a year.

Posted by Zhang Fei 2021-09-20 08:02|| 2021-09-20 08:02|| Front Page Top

#4 China = paper tiger

Posted by Patriot 2021-09-20 08:41|| 2021-09-20 08:41|| Front Page Top

#5 Bottom line is that China welcomes foreign investment, but the grift gets into gear as soon as the investment is complete.

And it has taken the corporate wizards of management how many decades to figure this out and react accordingly? /rhet

Posted by Phaviling McCoy9291 2021-09-20 11:50|| 2021-09-20 11:50|| Front Page Top

#6 Bottom line is that China welcomes foreign investment, but the grift gets into gear as soon as the investment is complete.

And it has taken the corporate wizards of management how many decades to figure this out and react accordingly? /rhet

Posted by Phaviling McCoy9291 2021-09-20 11:54|| 2021-09-20 11:54|| Front Page Top

#7 Major banking instability in China at this time. Many excesses and errors requires reboot that's gonna leave a mark.

Posted by Dale 2021-09-20 15:21|| 2021-09-20 15:21|| Front Page Top

#8 The exec's at these companies are like stockbrokers.
They get salary and bonuses to move the pieces around on the board, and it's irrelevant whether the companies make any money.

Posted by ed in texas 2021-09-20 16:12|| 2021-09-20 16:12|| Front Page Top

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