posted on Sep, 17 2012 @ 11:20 PM
reply to post by timetothink
So...I wonder what the conditions were/are at the factory which he spoke about them going there to buy?
Of course, what is considered close to 'slave labor' here in the US might be actually the height of opportunity for the working class in China...I
Currently in China, the situation is not much different, just basically just more centralized with organization within "Special Economic Zones' that
include Orwellian type
systems...which, btw...Romney profits greatly from....(evidently not just in the industrial migrant worker areas but everywhere in China?)
I guess you haven't heard about Shenzhen
Shenzhen's modern cityscape is the result of the vibrant economy made possible by rapid foreign investment since the institution of the policy
of "reform and opening" establishment of the SEZ in the late 1979, before which it was only a small village. Both Chinese and foreign nationals have
invested enormous amounts of money in the Shenzhen SEZ. More than US$30 billion in foreign investment has gone into both foreign-owned and joint
ventures, at first mainly in manufacturing but more recently in the service industries as well.
Shenzhen has seen its population and activity develop rapidly since the establishment of the SEZ. Shenzhen's population is roughly ten million. About
six million of these people are migrant workers who return home on the weekends and live in factory dormitories during the week. Shenzhen is the
largest migrant city in China.
It is a 'free trade zone' and an ideal place which to relocate manufacturing enterprises...many advantages for
(Direct Foreign Investment)
In 2010, direct foreign investment in Shenzhen reached US$4.297 billion, up 3.3 percent from the previous year. Of the figure, the investment
from Hong Kong reached US$3.098 billion, up 12.7 percent from the previous year. Investment from the United States reached US$890 million, up 76.7
percent from a year ago.
Currently, the average industry worker's pay is between 800 to 1500 Yuan a month...which is US$126 - 237.
Management personnel might make up to 5000 Yuan a month...an amount just shy of US$800.
But they have benefits, too, and protection...outlined here: Affairs of the People's Government
edit on 9/17/2012 by queenannie38 because: (no reason given)