Article 1: Report: U.S. lost 1.5M jobs to China from 1989-2003 – Jan. 11, 2005
Article 2: Taipei Times – archives
Two articles today about jobs and China. The first focuses on currency issues, how Chinese goods are artificially cheap due to fixed exchange rates. The second article discusses the auto industry — like many articles this one states that US wages are “up to 25 times higher” than in China. While this article isn't an in-depth analysis, it unfortunately perpetuates the idea that wages are the only thing that matters.
What do you think? Please scroll down (or click) to post a comment. Or please share the post with your thoughts on LinkedIn – and follow me or connect with me there.
Did you like this post? Make sure you don't miss a post or podcast — Subscribe to get notified about posts via email daily or weekly.
Check out my latest book, The Mistakes That Make Us: Cultivating a Culture of Learning and Innovation: