A Quote by Vivek Agnihotri
If China has cheap labour, Africa has cheaper labour. This is why China started buying out poor countries.
Related Quotes
Labour day is a great American holiday that people
celebrate by going out and buying products
made in China
Politicians said that with our cheap labour, we could be competitive in the world. Nothing could be further from the truth. We were the most uncompetitive country with that cheap labour.
When it comes to protecting workers, labour conditions, labour legislation, the rights for collective bargaining, when you look at our environmental standards, when you look at our public disclosure laws and accountability and securities regulations to ensure that companies abide by the law, we don't have a level playing field with China.
Well, I think we are seeing some shifts in manufacturing. China, when you go in and you talk to the big manufacturers there, the biggest problems in mainland China are recruiting and retention. There isn't an endless supply of cheap labor anymore in China. And it's now true that the labor rates in Mexico are lower than in China.
China is the big economic engine in Asia, so what happens is, as China growth expands, these countries in the periphery of China, whether it be Indonesia, Malaysia, Singapore, the Philippines, they end up growing with China because they become big exporters.
The tendency of taxation is, to create a class of persons, who do not labour: to take from those who do labour the produce of that labour, and to give it to those who do not labour.
The BRIC countries - Brazil, India, China, Turkey, South Africa, Indonesia even, and Russia - are now new actors. Over the last eight years, China multiplied by seven its economic presence and penetration in the Middle East. And if this happens on economic terms and there is a shift towards the East, the relationship between these countries and Israel is completely different from the United States. And it means that the challenges are going to be different, because China is not supporting Israel the way the U.S. are supporting Israel.
The reason why China forecasting has such a poor track record is that Westerners constantly invoke the model and experience of the West to explain China, and it is a false prophet. Until we start trying to understand China on its own terms, rather than as a Western-style nation in the making, we will continue to get it wrong.
Under Xi, China has again become the world's top jailer of journalists. China's rank on the Reporters Without Borders index of press freedom is 176th out of 180 countries. China comes in dead last on the Freedom House 'Freedom on the Net' list.
A lot of Labour people are telling me Labour is in poor shape.
China has established friendship with many African countries, and is opening itself up to Africa and providing assistance. It is cooperating with African countries on an equal basis and has no desire to colonize Africa.
A lot of Americans desperately want to believe that China is full of poor people who can't innovate, and the only goods they make are cheap, toxic rip-offs our Western brands. They want to believe the only reason the Chinese economy is surging is because the West wants cheap goods and China knows how to make them that way.
China's productive system draws upon the other East Asian countries to a great extent. The volume of trade is much larger than the net amount being exported from China. China needs substantial reserves to finance all that.
China, the world's most populous country, 1.3, 1.4 billion people, will in the next decade or so have to begin looking for people outside of China.What does this mean? China will have to become a much more welcoming society. It means that China will have to attract immigrants from other countries in order to slow the aging of the population.
Our supporters just want a Labour government. They want a Labour government that does what Labour governments are expected to do. They expect a Labour government to provide them, their families and their communities with the support and security they need, especially in difficult times.
If the helplessness and isolation of labour, who have nothing to sell but their labour, can be totally removed by connecting labour with capital through a universal credit system, we'll then have other kinds of actors on the economic scene different from what the existing capitalist world would allow us to bring out.
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