debut: 5/4/03
19,514 runs
Very interesting read.... and video..
Here....
And here...
Interesting excerpts:
If this man is working 14 hours that's $3.85 an hr.
Now I am not sure if all the workers work that long. But common sense, and the context leads me to believe that's the case.
I understand that i5s a different standard of living there. But that is still peanuts!
While Americans.....and the World, pay big money for many of the products.
Where does the profit go?
Terrible. Just terrible. I feel for the people over there.
1.4 billion people....lawd.
Here....
And here...
Interesting excerpts:
When the BBC speaks to Mr Xu, he is getting ready to take some Australian buyers to lunch. They have come looking for a bargain and hope to drive down the price.
This has bewildered traders from more than 30,000 businesses who have come to the annual fair to show off their goods in several exhibition halls the size of 200 football pitches.
Chinese policymakers have also been trying to stimulate more growth in a sluggish economy by encouraging consumers to spend.
But it is not working. Many of the country's middle classes have invested their savings in buying the family home, only to watch their house prices slump in the last four years. Now they want to save money – not spend it.
But it is not working. Many of the country's middle classes have invested their savings in buying the family home, only to watch their house prices slump in the last four years. Now they want to save money – not spend it.
Not far from the Canton Fair, there are warrens of workshops in Guangdong making clothes, shoes and bags. This is the manufacturing hub for companies such as Shein and Temu.
Each building houses several factories on several floors where workers will labour for 14 hours a day.
Each building houses several factories on several floors where workers will labour for 14 hours a day.
We've had problems since the Covid pandemic, and now there's this trade war. I used to be paid 300-400 yuan ($40-54) a day, and now I will be lucky if I get 100 yuan a day."
If this man is working 14 hours that's $3.85 an hr.
Now I am not sure if all the workers work that long. But common sense, and the context leads me to believe that's the case.
I understand that i5s a different standard of living there. But that is still peanuts!
While Americans.....and the World, pay big money for many of the products.
Where does the profit go?
Terrible. Just terrible. I feel for the people over there.
1.4 billion people....lawd.
