China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (5966)	7/5/2006 10:49:41 PM
From: 8bits	Read Replies (1) of 6370

"the point is, in order for AAPL to get that kind of HIGH profit margin, it has NO choice but using slave labor!! There is NO free lunch on this planet, decent wage and working environment cost money! Someone got to pay!" One US Athletic Shoe Manufacturer, New Balance still employs 70% of their factory staff within the US. (The balance they stated in another article is in Europe or Asia, predominantly shoes made outside the US are for markets outside the US: newbalance.com (Look towards the bottom under facilities..) They are profitable yet privately owned. (And don't have Nike town..) Average wages are $12 an hour, which in small town American is tolerable. Even in high wage and highly regulated North America a company can make a profit against the likes of Nike which uses Chinese. Vietnamese, and Indonesian labor at a fraction of the wages of North American labor. (To say nothing of the factory conditions..) No Nike town but paying living wages and adhering to US safety regulations.

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