China sees factories boom - Democratic Underground

sujan

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Mon Aug-11-03 02:35 PM
Original message

China sees factories boom

China's economy is continuing to defy the gloom felt elsewhere in the world, according to official figures, with production soaring and foreign trade at record levels.
The first month of the second half of the year showed factory output up 16.5% on the previous year according to the State Statistical Bureau, as China shrugged off the after-effects of the Sars respiratory virus.

The figure for July is slightly above the total gain for January to July, and is concentrated on electrical and machinery products.

http://news.bbc.co.uk/2/hi/business/3140519.stm

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onehandle

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Mon Aug-11-03 02:48 PM
Response to Original message

1. Of course....

Corporations has been feeding the slave labor country all the US production they can eat. Capitalist workers expect too much. Communist workers are paid pennies on the dollar. Makes sense to me.

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bvar22

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Mon Aug-11-03 02:48 PM
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2. Amazing.

It is amazing what formerly US based manufacturers can do with slave labor!!!

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0007

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Mon Aug-11-03 02:51 PM
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3. Factories are closing here

....and opening in China, 'eh?

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JNelson6563

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Mon Aug-11-03 02:57 PM
Response to Reply #3

4. yeah but it's all good

just ask Bush & Co.

Julie

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