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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: Condor who wrote (2916)3/19/2004 7:34:52 AM
From: Box-By-The-Riviera™  Respond to of 6370
 
more and more, less and less stable everywhere



To: Condor who wrote (2916)3/19/2004 11:01:47 AM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
China has become the latest whipping boy in U.S.


By BARRIE McKENNA
Friday, March 19, 2004 - Page B5

If you think George W. Bush has it in for Canadians on trade, imagine how the Chinese must feel.


...
Perception has become more powerful than reality in this intensely political debate. Consider this: The best estimate of the number of U.S. jobs outsourced to China and other low-wage countries since the recession began is 200,000 to 300,000. That's a tiny fraction of the nearly 140 million U.S. jobs out there. It also pales next to the 1.3 million jobs that have been lost through productivity gains over the same period.

U.S. manufacturers are successfully producing more, without adding workers or paying existing employees significantly more.

But efficiency makes for an elusive political target. Blaming China is a lot more convenient.

The lesson for Canada in all this is that now is not the time to start talking about greater economic integration with the United States. Prime Minister Paul Martin has hinted he would like to deepen economic relations with the United States.
theglobeandmail.com
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on Chen got shot, I think he asked for it<g> too bad, the shooter needs some practice<g>