Home>News Center>China
       
 

'Made in China' labels don't tell whole story
By David Barboza (The New York Times)
Updated: 2006-02-09 11:50

http://www.nytimes.com/2006/02/09/business/worldbusiness/09asia.html

SHENZHEN - China: Hundreds of workers here at a huge factory owned by the Japanese company Hitachi are fashioning plates of glass and aluminum into shiny computer disks, wrapping them in foil. The products are destined for the United States, where they will arrive like billions of other items, labeled "Made in China."

But often these days, "Made in China" is actually "Made by Someone Else" - by multinational companies from Japan, South Korea and the United States that are using China as the final assembly station in their vast global production networks.

Analysts say this evolving global supply chain - which often tags goods at their final assembly stop - is increasingly out of step with global trade figures, which serve to inflate China into a bigger trade threat than it may actually be.

That kind of distortion is likely to appear once again on Friday, when the U.S. Commerce Department is expected to announce that America's trade deficit with China swelled to a record $200 billion last year.

It may look as though China is getting the big payoff, but over all, the biggest winners are consumers in the United States and other rich countries, who have benefited enormously from China's production of cheaper toys, clothing, electronics and other goods.

At the same time, U.S. multinationals and other foreign companies, including retailers, are big winners, because they are the largely invisible hands behind the factories pumping out inexpensive goods from China. And they are reaping the bulk of the profit from the trade.

"Basically, in the 1990s, foreign firms based in America, Europe, Japan and the rest of Asia moved their manufacturing operations to China," said Yasheng Huang, a professor at the Sloan School of Management at Massachusetts Institute of Technology. "But the controls and therefore profits of these operations firmly rest with foreign firms. While China gets the wage benefits of globalization, it does not get to keep the profits of globalization."

To the extent that there are any real losers, they are mostly lower-wage workers elsewhere, like the ones at Hitachi, who lost their jobs in Japan, along with workers in other parts of Asia and in the United States who suffered as employers began relocating factories to China. Indeed, despite the big shift to China, U.S. imports from Asia as a whole have hardly changed in the last 15 years.

Factories in Taiwan used to assemble the world's computers; now Chinese mainland does. Hong Kong garment workers used to stitch tons of fabric into finished clothing; now Chinese workers do. And Japanese plants once manufactured the world's most popular consumer electronics brands, like Hitachi, Sony, Panasonic and Toshiba; now many of them are shipped from Chinese ports.

In fact, about 60 percent of China's exports are controlled by foreign-financed companies, according to the latest Chinese customs data. In categories like computer parts and consumer electronics, foreign companies command an even greater share of control over the exports, analysts say.


Page: 123



Lantern Festival
Chinese celebrates Lantern Festival
President celebrates festival with intellectuals
  Today's Top News     Top China News
 

Dependence on oil needs to be cut, says panel

 

   
 

China issues first guidelines on HIV

 

   
 

US VP accidentally shoots fellow hunter

 

   
 

Interest rate gap helps manage currency

 

   
 

Sharon in critical but stable condition

 

   
 

Love and noses: Here's looking at the new you

 

   
  Wolves to be reintroduced to control blue sheep
   
  Foreign firms hasten R&D establishment in mainland
   
  NGOs discuss environment plans at forum
   
  Illegal immigrant in US loses twin foetuses
   
  Retail sales to hit 10 trillion yuan by 2010
   
  Blast kills 15 miners in Central China
   
 
  Go to Another Section  
 
 
  Story Tools  
   
Manufacturers, Exporters, Wholesalers - Global trade starts here.
Advertisement
         
主站蜘蛛池模板: 国产草草影院ccyycom软件| 日本人视频jizz69页码| 国产精品爆乳在线播放第一人称| 中文字幕在线播放| 日韩中文字幕视频在线观看| 亚洲国产精品成人午夜在线观看 | 亚洲爆乳无码专区www| 精品久久久久久久99热| 国产123在线观看| 青青国产成人久久91网站站| 国产精品jizz在线观看免费| 91一区二区视频| 无限在线观看下载免费视频 | 99热在线观看| 婷婷色在线观看| 中文字幕亚洲欧美| 日本爆乳片手机在线播放| 久久这里只精品| 月夜直播手机免费视频高清| 亚洲伊人久久大香线蕉综合图片| 欧美最猛黑人xxxx黑人猛交98| 亚洲视频免费一区| 狠狠躁天天躁无码中文字幕| 免费人成视频在线观看不卡| 精品人妻AV区波多野结衣| 国产日韩一区二区三区| av无码a在线观看| 女人张开腿让男桶喷水高潮| 一本大道道无香蕉综合在线| 成全视频在线观看免费看| 中文字幕综合网| 无码任你躁久久久久久老妇 | 国产丰满麻豆vⅰde0sex| 韩国三级中文字幕hd久久精品| 国产成人tv在线观看| 激情五月激情综合网| 国产欧美va欧美va香蕉在线观看| 五月天在线婷婷| 国产欧美综合在线| 欧美另类videovideosex| 国产最新精品视频|