Chinese Factory Workers Fast and Efficient Beyond Beijings Yuan Policy
Economics / China Economy Oct 05, 2010 - 05:33 AM GMTBy: Dian_L_Chu
This video, courtesy of China Hush, illustrates one reason why factory jobs worldwide have shifted to China. Chinese workers have a lot more to contend with than just Beijing's yuan policy. Washington and many experts' belief that a totally floating yuan would bring manufacturing jobs back to the U.S. woudl most likely prove to be an over-simplistic view bound to fail.
(Yes, China Hush confirmed the video is playing at normal speed…)
Disclosure: No Positions
Dian L. Chu, M.B.A., C.P.M. and Chartered Economist, is a market analyst and financial writer regularly contributing to Seeking Alpha, Zero Hedge, and other major investment websites. Ms. Chu has been syndicated to Reuters, USA Today, NPR, and BusinessWeek. She blogs at Economic Forecasts & Opinions.
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