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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: RealMuLan who wrote (65679)7/9/2006 3:46:12 PM
From: C.N.S.  Read Replies (1) of 110194
 
I understand that the situation is unpleasant.

But are you saying that there are no Chinese to blame at all for this ? Even the company management who are not even taking the risk of balancing their cash flows while paying stupendously low salaries (if what you are saying is true - that the salaries are held back till full payment on the invoices ?)

Is there a law in China that prevents Chinese factories from declining such contracts from US companies ?

Or are you saying that US companies stipulate in their contracts that workers should work for 12 hours but be paid for 8 and that their salaries be held back till full payment of invoices ?
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