Monday, February 27, 2012
Chinese Labor, Cheap No More
Due 2 March 2012. Why is the US suggesting that China doesn't play fair?? What recommendations are listed? In your opinion, how should we deal with the trade issue with China??
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The United States claims that China does not play fair because of China’s industrial subsidies, trade policies, undervalued currency and lack of enforcement for intellectual property rights. These have made the price of goods in China much cheaper than the goods produced domestically. However, Chinese labor is not cheap any more as the wage has increased. Most of the labor force in the factories and the manufacturing industries are under 30. They are the first generation grew up under the "One Child" Policy. Since they were the only child in the family, they were generally viewed as the treasure of the whole family. They rarely had to endure hardship. As a result, as workers, they are looking for the job with higher wages and better conditions. China should work on the welfare of the society in order to motivate people to work. I don't think by reducing Chinese goods would help our economy by a lot. If the Chinese goods are cheaper, then we should buy goods from them. People can use the extra money to buy other goods that might be produced by Americans.
ReplyDeleteWAHH. I just wrote this amazing response for this blog and it got deleted.
ReplyDeleteChina used to cheat out their people; meaning that the employees hired would be under payed at their factory jobs in China. Now the United States is saying how "industrial subsidies, trade policies, undervalued currency and lack of enforcement for intellectual property rights" has and is a major concern for the US. Now American factories in China have noticied something very crucial to business--the new generation of employees are demanding higher wages and better working conditions. "China’s younger generation is no longer willing to endure hardship without clear expectations that it is a temporary means to a more comfortable end." Unless China handles their people with care and has a working economy to suit all social classes, companies should bring their factories back to the United States. The point of the factories in China was for cheap labor. If cheap labor no longer exists in China, what benefit do the American factories in China have?
United States say that China isn't playing fair since they "China’s industrial subsidies, trade policies, undervalued currency and lack of enforcement for intellectual property rights" are all points from the U.S. Even though prices for products are lowered now, there is a shortage of labor causing the wages of workers to increase. Many of the workers consist of farmers that were convinced to change there agricultural jobs to factory jobs. Since the younger generations are suppose to be the one taking the factory jobs, they no longer want to endure hardship. I think it may be better to bring back some factories back to U.S so it can create jobs for the U.S and cause China to keep there wages up awhile so it isn't as low. Though it will cause prices of products to rise a little.
ReplyDeleteThe United States is suggesting that China doesn't play fair because of their lack for intellectual property rights,trade policies, industrial subsidies, and undervalued currency. But the cheap labor is not as cheap as it used to be. They have experienced labor shortages which have driven up the labor costs. Workers are starting to demand better working conditions, higher salaries, and basic benefits, among other things.Although, America won't be benefiting from this because cheap labor is diminishing it is beneficial for China. I think that some of the factories the U.S has in China should be brought back here to create jobs for American citizens if we aren't benefiting from the cheap labor anymore.
ReplyDeleteThe United States claims that China does not play fair. According to the article "China’s industrial subsidies, trade policies, undervalued currency and lack of enforcement for intellectual property rights" is what is causing concern for the Americans. Currently the Chinese labor is seeking better conditions and higher salaries for their work. The way that the US could handle this problem is to bring the factories back the US. This would be somewhat odd but it could provide jobs for the Americans. It may cause prices to go up because they will have to pay Americans more for that kind of labor.
ReplyDeleteThe US is suggesting that China doesn't play fair as their "industrial subsidies, trade policies, undervalued currency and lack of enforcement for intellectual property rights" are not perceived by the United States well. The recommendations that are listed are that the Chinese are beginning to give bonuses to their workers to work for them and there are now "improved conditions in rural areas." I think that trade is important with other world powers such as China. Although they have issues regarding their treatment of workers and methods of production, their participation in trade with us is crucial to our own economic growth and theirs. Still, I think that we should start shifting some manufacturing jobs over to the US to give unemployed and skilled American workers job opportunities.
ReplyDeleteThe US suggests that China’s industrial subsidies, trade policies, undervalued currency and lack of enforcement for intellectual property rights are all points where China is acting unfairly. However, the labor sector is balancing out in both countries when you compare them. Labor shortages have driven up labor costs and shifted the quality of its work force. Therefore, higher salaries, basic benefits, better working conditions, and less physically taxing jobs are being demanded; unfortunately, they will probably never be provided. Manufacturing for ourselves could be a solution to our trade issue with China, just until they can get back on their feet.
ReplyDeleteThe U.S. is claiming that China does play fair because of their industrial subsidies, trade policies, undervalued currency and lack of enforcement for intellectual property rights. As of late, China has become less of a source of cheep labor. Therefor I believe that businesses that are currently outsourcing jobs to China should begin the process of bringing them back to the U.S. People here need jobs and if the wages Americans recieve are relatively similar to the Chinese, why not put money in the pockets of the people that will actually buy your products?
ReplyDeleteThe article claims that "China’s industrial subsidies, trade policies, undervalued currency and lack of enforcement for intellectual property rights", and that is why the U.S. is claiming the country doesn't play fair. It's reccomended that the U.S. stops placing overseas firms there and produce the goods here. I think that this could be benificial in some aspects, but it will also be very expensive.
ReplyDeleteIt's easy for the person with the short end of the stick to say the other person isn't playing fair. The U.S.
ReplyDeleteSure, maybe if China did things differently, it would benefit the whole of the Global Economy. But we can't expect to change a system that benefits them, because I'm sure if the roles were reversed, the U.S. wouldn't budge to foreign demands if it hurt Americans. The business of America is business, and that won't change for a long time, and whatever is bad for business is bad for America -- How can we expect the Chinese to react any differently?