Posted on 27 October 2007. Tags: Charlie Kernaghan, China, Mattel, National Labor Committee, Toys
My friends at the National Labor Committee are up to their usual good work. Yesterday, Charlie Kernaghan testified at a Senate hearing on the abuses facing workers in China–in particular, those workers who churn out the toys that most American kids find under their X-mas trees: Mattel’s Barbie toys, along with Thomas & Friends […]
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Posted on 13 October 2007. Tags: "Free Trade", CAFTA, China, Class Warfare, George Bush, NAFTA, Private Equity
The Wall Street Journal has an interview today with George Bush that gives great insight into the disinformation, lies and, charitably, cognitive dissonance that underpins the Administration’s economic policy. "We have lost sight of what it means to be a nation willing to be aggressive in the world, and spread freedom or deal with disease," […]
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Posted on 29 September 2007. Tags: Andy Stern, China, Myanmar
While the government in Myanmar is shooting down monks and shutting down the Internet connections to the country, world wide action has begun to protest the violence. You can sign a petition at Avaaz.org. Also, below is a letter from Andy Stern to the Chinese ambassador–there is some thought that the Chinese have some […]
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Posted on 22 September 2007. Tags: China, Dollar, Economics, Wal-Mart
For a long time, I’ve been saying that the dollar has to come down. A lower dollar would be an easier solution to, for example, the trade issues with China, compared to trying to get the Chinese to change its currency policies. So, the fact that the dollar is sharply down–even now equal to […]
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Posted on 28 August 2007. Tags: China, Environment
Yesterday’s New York Times has a piece on the environmental cost of economic growth in China titled As China Roars, Pollution Reaches Deadly Extremes. The long, detailed piece focuses on the huge impact heavy industry has had on public health in China and the lack of government action or effective regulations to address these problems. […]
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Posted on 16 August 2007. Tags: "Free Market", "Free Trade", China, Mattel, Milton Friedman, The New York Times
It’s a fascinating spectacle reading the news reports about Mattel’s recall of 19 million toys sent from China. Most of the reports and editorials focus, rightly, on the low level of safety standards in China. But, it’s foolish to simply blame the Chinese for the lead in toys. The fact is that those dangers […]
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Posted on 06 July 2007. Tags: ACFTU, AFL-CIO, China, Labor, McDonald's
If only we could organize workers here at this rate: China’s government-sanctioned trade union has strengthened its foothold in McDonald’s Corp., a move that illustrates the increasing involvement by the All-China Federation of Trade Union in the work forces of multinational companies doing business in China. About 80% of the McDonald’s work force in China […]
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Posted on 29 June 2007. Tags: China, Labor Laws
Last year, I wrote about a debate over a new labor law in China, and, not surprisingly, the attempt by international corporations to undercut the law. This just in, via the Associated Press,–the law has been enacted BEIJING, June 29 (AP) China enacted a labor law Friday meant to improve workers’ rights amid complaints about […]
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Posted on 08 May 2007. Tags: China, Global Economy
   New info today from The Wall Street Journal on the change in Chinese labor laws, changes that have been bitterly opposed by the business community: China is putting the final touches on its most significant overhaul of workplace regulation in a decade, in an unusual process that has sparked debate on the trade-off between […]
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Posted on 21 May 2005. Tags: China, Economy, Paul Krugman
I’ve talked alot about China and specifically about the hand-wringing over the question of China’s currency. Paul Krugman addresses this today—quite well, I think. He tells, in fairly accessible language for an economist, how the U.S.-China relationship works: China is keeping its currency lower than it should be for a country where investment is flowing […]
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