Thread: China's greed
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Old 05-05-2008, 10:24 PM
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eldondre eldondre is offline
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actually, globalization is about freer exchange of goods and ideas with, on average, the result being a rise in living standards.
Quote:
While no reliable figures exist on average Chinese wages, experts say that factory wages have risen 80 percent or more in many coastal areas in recent years, with the lowest wage about $125 a month.
http://www.nytimes.com/2008/02/01/bu...hp&oref=slogin

but youre right, avoiding chinese goods is perilous to our stability and nearly impossible
Quote:
Chinese imports constitute 7.5 percent of spending by Americans on consumer goods, but they make up much bigger shares of several popular categories, including about 80 percent of toys, 85 percent of footwear, and 40 percent of clothing.
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