-
ADD TIME NEWS
- MOBILE APPS
- NEWSLETTERS
'The China Syndrome.'
I suppose it was inevitable that as a result of the various quality scandals—toothpaste, seafood, Thomas the Tank Engine et al-- there'd be commentary that says, see, China really isn't a manufacturing super power. The money quote in this piece, published on the OP ED page of today's Wall Street Journal, is this:
Polls show a majority of Americans believe China has mastered basic manufacturing -- and it's now barreling into our high-tech backyard. That's false. As the product recalls demonstrate, China can barely make low-value goods reliably, much less higher-value ones. The problems are structural, not the result of a few bad apples.
That's ``false”?? My neighbors out here in suburban Shanghai, industrial designers who are working on the brand spanking new Intel factory going up in Dalian (the chip maker already has a plant on the Pudong side here) would be surprised to hear that China can “barely make low value goods reliably.” The fact is, both propositions are true: China has mastered basic manufacturing and IS moving into our high tech backyard, but there are also a huge number of small and medium sized companies who compete solely on cost, and which therefore cut corners like crazy.
Here's the link to the entire essay by Jeremy Haft in today's Journal:
http://online.wsj.com/article_print/SB118454160184667089.html
Add Your Comment:
Most Popular »
- Best of the Decade: Sci-Fi Movies
- Is Harry Reid Burning Out?
- How Will Obama Pay For Stimulus 2.1? (or 3.0, 3.1, whatever you want to call it)
- The Health Reform Abortion Wars, Part Deux
- "How Will Dave Ever Make Fun of Sex Scandals Again?"
- War of the Supermen: Q&A With Matt Idelson
- Why Wells Fargo isn't paying back TARP
- Quinnipiac: Obama Gets Bump on Afghanistan
- Economists Growing More Wary of the Senate Health Bill
- How to Outsmart a Debt Collector
- The Truth Behind the Leaked Climate-Change E-Mails
- Tiger Woods Must Face His Fans' Moral Outrage
- Mexico Witness Protection: Corrupt Program, New Killings
- Helicopter Parents: The Backlash Against Overparenting
- Taiwan: World's Lowest Birthrate Could Affect Society
- Creating Jobs: Can Obama Government Boost Employment?
- How Strong Is the Evidence Against Amanda Knox?
- Time to Give Up the Ghost on Bin Laden
- Humanure: Goodbye, Toilets. Hello, Extreme Composting
- Study: Parents' Sex Talks with Kids Happening Too Late













RSS