A Quote by Charles Duhigg
Foxconn is hugely important, not only in China - it's the largest employer in China - Foxconn is important around the world.
Related Quotes
Some of the tactics that are used by Foxconn and other companies throughout China is, if you are late, if you violate one of the small rules, some of the punishment is that you have to copy down quotations from the chairman of Foxconn: you have to write out confessions explaining why you were late and promising never to do it again.
In the case of Apple, they did originally do production internally, but then along came unbelievably good outsourced manufacturing from companies like Foxconn. We don't have that in the rocket business. There's no Foxconn in the rocket business.
Why does an iPhone cost only a couple hundred dollars? Because, as the stage performer Mike Daisey depicted in an arresting one-man show called 'The Agony and Ecstasy of Steve Jobs,' Apple's shiniest products are made by a shadowy company in China called Foxconn.
China is very important. The future growth of China, China's influence is bound to rise.
I've often said that the desire to lecture China on how it should behave in the world is wrong. China was around for thousands of years even before America existed. It could even be that China's growing power will allow itself to be slowed down. But as long as this immense empire doesn't fall apart, it will become an important factor in global politics.
We all know that China is industrializing at a growth rate of 8 to 10 percent per year. China is on track to pass the U.S. as the largest economy in the world in 20 to 25 years, and China is determined to give its people a chance at this high standard of living that we enjoy.
Although investors have been concerned with China's slowing growth rate, China remains one of the largest and fastest-growing economies in the world.
The tallest building in the world is now in Dubai, the biggest factory in the world is in China, the largest oil refinery is in India, the largest investment fund in the world is in Abu Dhabi, the largest Ferris wheel in the world is in Singapore.
In China, you just don't have the space for civil society and independent discourse and free media that you do in India. That's why India's success is so important as the world's largest democracy.
The rule of law that China's dissidents ask for is important to U.S. businesses investing in China as well.
For China to continue to enjoy economic prosperity, it needs to foster trusting international relationships, not tensions ... and it is important for China to understand this.
How can we pressure China on North Korea if China's one of the two largest holders of American debt?
You are slowly developing some multinationals of your own. We certainly hope that some of them will look in this direction when they look for opportunities because the progress of Southeast Asia is important to China, just as China's progress is important to us.
It is important that China stop its over-reliance on municipal debt to finance infrastructure. I take comfort in the fact that China's leaders understand this.
The relationship with China has become more important, not only in terms of economic cooperation but also for strategic cooperation for the peaceful resolution of the North Korean nuclear issue. That is why I am pursuing a balanced diplomacy with the U.S. as well as China.
China's own recent history proves that when it opens itself, there is nothing its people cannot accomplish. A more open China will lead to a more prosperous and stable China. That's good for China, the United States and, indeed, the entire world.
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