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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (5175)4/28/2004 7:08:52 PM
From: RealMuLan  Read Replies (1) of 116555
 
The US can press China all he wants in terms of currency peg, but I doubt they will get anything<g>

As for workers' rights and unsafe working conditions in China, all Chinese government is guilty for is it has not aggressively policed those foreign-owned/joint adventures. AFL-CIO should understand that it is NOT Chinese gov. denies workers' right, it is those capitalists who deny workers right. Personally, I actually think it is a good thing that the US administration supports the labor compliant. After all, almost all those companies with dangerous awful environment for Chinese workers are owned by S. Koreans, Taiwanese, or HKners<g>, they are NOT owned by the gov.
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