the Air Vent

Because the world needs another opinion

China Must Read the Air Vent

Posted by Jeff Id on December 1, 2008

Well I was a bit surprised by the headlines regarding China’s economy this morning. They must have read my anecdotal report Made in China – No More.

Here are a few of the headlines from the national news after a groundbreaking admission from the Chinese leader.

Alarm bells ringing for China’s leadership

Hu Sees China Losing Its Competitive Edge

Chinese economy ‘losing its edge’

They are still talking heavy growth though in their economy, something which I sincerely doubt. The first article says millions of jobs lost, I would be surprised from 65,000 factory closings if the number didn’t surpass a hundred million but they don’t report real job numbers.

The other point they don’t bring up, which again I predicted, was the effect that their national unionization had on their factories. I hope they reconsider their own policies as the world economy operates together now and China labor law, like it or not, affects everyone on earth.

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