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China'S Trade Practices Affect Job Opportunities In North Carolina

2008/7/31 0:00:00 10293

Trade

The center for fairness in North Carolina is a radical organization. Today, an analysis released by the organization says that since 2001, China's trade practices have resulted in nearly 80 thousand jobs lost in North Carolina.

The report claims that the rapid development of trade between the United States and China has caused heavy losses to the state's manufacturing and textile and garment industries.

The report says trade between the US and China has begun to sacrifice more electrical manufacturing and job opportunities in the field of technology.

The report reiterated its opposition to China: the Communist power cuts the jobs of American workers by reducing workers' wages and subsidization of state-owned enterprises, while polluting the environment and ignoring safety standards.

The report was completed by the Washington Economic Policy Institute and released by the state government. This report encourages the working class and low-income groups to oppose China.

The report says that the United States has lost 2 million 300 thousand jobs since China joined the WTO in 2001 and opened its trading channels.

Economic change has made some people suffer. China is exporting large quantities of cheap products to the United States. The price of a pair of jeans is 9.99 dollars, which inhibits inflation and improves the purchasing power of ordinary Americans.

Labor costs in China are 80% lower than in the US.

But the rise of China is an economic miracle.

This miracle has been repeated many times.

The textile and manufacturing industries moved out of industrial England, and a new England broke out. Then, miracles appeared in the southern part of the United States after redevelopment, and then miracles recurred in Mexico and China.

In the first 50 years of twentieth Century, the miracle was pferred from England to the United States, and the miracle was pferred from the United States to China in the following 20 years.

The United States moved its footwear industry, textile, clothing and furniture industries to North Carolina.

According to the State Department of Commerce, China is one of the major economic partners in the four largest export destinations in North Carolina, and the four major destinations are Canada, Japan and Mexico.

China is the largest computer manufacturing country. Lenovo invested $1 billion 600 million in 2005 to acquire IMB personal notebook business.

The company expanded its headquarters to Morrisville.

The center of justice in North Carolina said the US government must better protect the interests of American workers and demand that China abide by a wide range of labor rights and end unfair subsidies.

"You are not competing with a company, you are competing with a government," said Mike Hubbard, head of the Gastonia Committee of the National Textile Organization Committee.

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