Article

2010-11-29 China-Japan-Koreas

China Export Centers Suffer Worker 'Shortages'

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Posted by Anguper Hupomosing9418 2010-11-29 15:13|| || Front Page|| [6 views ] Top

#1 WHAT??? If your goods weren't on the water 30 days ago, there's no freaking way they'll be in stores before January. More uninformed bullshit from NYT.

I also love that their source for the story is officially censored Chinese government news.

Posted by gromky 2010-11-29 17:15|| 2010-11-29 17:15|| Front Page Top

#2 But China can point to the labor shortage in the export hubs as one reason not to let the renminbis value rise, since companies are already grappling with the possibility that higher wages could make their goods less competitive.

Seems a more likely reason.

Posted by Pappy 2010-11-29 18:30|| 2010-11-29 18:30|| Front Page Top

#3 ???

"Oh dear, we're having trouble finding workers, we better not pay them more money?"

Posted by Thing From Snowy Mountain 2010-11-29 18:53|| 2010-11-29 18:53|| Front Page Top

#4 It's like there's some fangled economic equation linking prices to demand over supply...

Posted by Bright Pebbles 2010-11-29 19:02|| 2010-11-29 19:02|| Front Page Top

#5 Now if 'made in China' is possible because the cost of shipping from the east coast of China to the left coast of the US is within profitable parameters, why wouldn't building and assembly in China's interior also not be within parameters, unless the infrastructure to support such transportation doesn't viably exist. Which implies something in economist estimates is not being factored in projecting near and mid future forecasts of China's overall economy.

Posted by Procopius2k 2010-11-29 22:29|| 2010-11-29 22:29|| Front Page Top

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