China Starts Outsourcing From ... the US
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hackingbear writes: Burdened with Alabama's highest unemployment rate, long abandoned by textile mills and furniture plants, Wilcox County, Alabama, desperately needs jobs. And the jobs are coming from China. Henan's Golden Dragon Precise Copper Tube Group opened a plant here last month, employing 300 locals. Chinese companies invested a record $14 billion in the United States last year, according to the Rhodium Group research firm. Collectively, they employ more than 70,000 Americans, up from virtually none a decade ago. Powerful forces — narrowing wage gaps (Chinese wages have been doubling every few years), tumbling U.S. energy prices, the rising Yuan — up 30% over the decade — are pulling Chinese companies across the Pacific. Perhaps very soon, Chinese workers will start protesting their jobs being outsourced to the cheap labor in the U.S."
First post (Score:5, Funny)
Welcome Chinese overlords!
oh boy (Score:5, Funny)
This I didn't expect. (Score:5, Funny)
I was thinking some years ago "If all the jobs went to China because no one in the US wants the factory worker life, who is gonna build Chinese doohickeys when *they* get tired of the factory life?"
I was thinking India. Or Malaysia, or Chile or something..
But not the USA. I never even considered that possibility.
WTF. This world no longer makes any sense to me.
Re:Funny ... (Score:4, Funny)
As someone originally from Alabama, Thank you :)
Re:This I didn't expect. (Score:5, Funny)
WTF. This world no longer makes any sense to me.
You're apparently about ten years [dilbert.com] behind the times. But considering history probably repeats itself, you're likely also about ten years ahead of the times.
Another language barrier? (Score:5, Funny)
As if it wasn't hard enough to learn Chinese to talk to your suppliers directly, now you've got to learn to understand people in Alabama? That's fucked up.
Re:First post (Score:5, Funny)
Oriental knowhow and cheap American labor (Score:4, Funny)
The ultimate combination