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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: GUSTAVE JAEGER who wrote (21209)	6/16/2004 1:49:52 PM
From: sea_urchin	Respond to of 81094

Gustave > Chinese "slaves" can afford the best French chefs There's a big difference between the vice dens of Macau and the sweat-shops of Beijing. > Are Chinese products unfairly cheap or is it just the other way around --European/US products/services are OVERPRICED?? There is no standard. As far as salary is concerned, wherever one is, the cost of living rises to meet, and then exceed, one's income, especially if one is lowly paid. The difference between Chinese and Western wages is merely that, in the West, a bigger amount passes through the workers' hands and, clearly, a worker in the West couldn't survive on Chinese wages when he can barely survive on Western wages. Anyway, the trade union wouldn't allow any employer in the West to pay them. That's why it suits a Western industrialist to open a factory in China because he pays "going rate" Chinese wages and sells the good in the West at "going rate" Western prices. But you know this!