US-China toys, reported that U.S. companies benefit from the largest assembly – in China, Chinese toys, the American Enterprise – Toys
"The New York Times" published on May 9 Web site's David? Barboza from the bottom of the article in Shenzhen that looks like from China
Trading Gain a greater return, in fact, the real profit from the U.S. and other foreign companies; did not leave with the profits of globalization. "China"
Made in China "The Barbie Price 20 dollars, but China can only get them 35 cents. The article said:
Trade figures distort trade posed a threat to China's becoming more and more large
Hitachi, Japan built a factory in Shenzhen, hundreds of workers were
Make Computer CD-ROM, and these CD-ROM packaged with foil. These products will be shipped to the United States, and, like other large number of products labeled "Made in China"
Label . But often, the most marked "Made in China" products are actually manufactured in other places, but basically the manufacturers of these products are Japan, South Korea and the United States
TNC They just China as its vast global production system to the final assembly.
Analysts say this evolving global supply chain is increasingly distorting global trade figures and trade posed a threat to China's becoming more and more big, but it is not. February 10, when the Commerce Department announced that the U.S. trade deficit with China when this form of distortion is likely to happen again. It is estimated that last year the U.S. trade deficit surged to a record 200 billion U.S. dollars.
Looks as if China gained more from the trade returns. However, overall, the biggest winners are consumers in the United States and other developed countries. Toys,
Clothing Home Electricity Sub-products and other products from other parts of Asia to China production to benefit consumers in those countries.
The biggest beneficiaries are the United States
The United States and other foreign companies, large multinational companies, including
Retailers , Is the production of these cheap products, China factory behind the invisible hand. These companies get the most from trade profits.
MIT Sloan School of Management professor Yasheng Huang explains: "the last century 90's, based in the United States, Europe, Japan and other parts of Asia are basically foreign companies will shift production to China. But , control, and their production profits are firmly in the hands of foreign companies. Although China received wages from globalization's benefits, but it did not leave the profits of globalization. "
The real losers are basically a number of low-income workers elsewhere, like Hitachi's unemployed workers in Japan, and the number of workers in other parts of Asia. When employers to build factories in China, the victims are the workers. American
Blue collar Workers are also losers.
In fact, according to China Customs Statistics show that about 60% of Chinese exports are controlled by foreign companies. Analysts said the computer parts and electronics fields, foreign companies in exports have more control.
With the production of increasingly complex supply chains, foreign expertise has been crucial. In this supply chain, each
Parts Produced by different countries, eventually shipped to China for assembly. Such a system makes global trade statistics misleading, some experts say that a more appropriate label would be "assembled in China."
UBS economist Dong Tao said: "The biggest beneficiary of all this is the United States. A Barbie doll sells for 20 dollars, but China can only get them 35 cents."
He said that the production of a product requires many different places are used to complete, it is best to trade figures aside. Dong Tao said: "In a globalized world, bilateral trade figures are meaningless. The United States and China, as the trade balance between New York and Minnesota as the trade balance between the meaningless."
China's cheap labor, and its widely considered to be artificially undervalued currency makes the 1995? 2004 FDI inflows into China
Investment Reached about 465 billion U.S. dollars. It also made China become the most popular destination for foreign investment in one.
In the electronics industry, the number of factories moved to China also increased significantly. Japan and South Korea's companies and have a scale. Matsushita Electric Industrial Company has 70,000 employees in China; Toshiba's largest information technology company will build production lines in Hangzhou. Korea
Samsung Property companies, 23 factories in China, 50,000 employees, and the entire
Notebook Computer production in China. Last year, the last one in South Korea, the factory shut down production of notebook computers.
The emergence of thousands of factories to low-wage migrant workers in China have brought millions of employment opportunities. Their wages are about 75 cents an hour. But generally speaking, Chinese companies in these industries can not yet engaged in basic production from the elevated to the level of work involved in the design above.
However, the rise of China as the driving force of world trade and the 80s in Japan play this role in the sharp contrast. At that time the Japanese have created their own
Brand Such as Toyota Honda and Sony . In addition to
Association And Haier Outside the little-known Chinese global brand.
Chinese officials lose no time to say a huge surplus in the trade statistics reflect the impression that China is very prosperous.
Institute of the Ministry of Commerce who said: "China in the past few years, got only some pretty figures, and U.S. and foreign companies are the real profit."
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