The China Effect

Date:

Is China where Western companies go to die?People wearing protective face masks walk past a closed Starbucks coffee shop at a grocery in Beijing on Jan. 29, 2020. Noel Celis/AFP via Getty Images11/25/2025|Updated: 11/25/2025CommentaryFor decades, drawn by low labor costs and huge consumer opportunities, Western companies moved their manufacturing bases to China. Many made fantastic profits for years from China’s sweatshop labor wages.James Gorrie is the author of the 2013 book “The China Crisis” and discusses current events and China on his YouTube Podcast, The Banana Republican. Author’s Selected Articles

spot_imgspot_imgspot_img

Share post:

More like this
Related

Sandwich Chain Jersey Mikes Goes Public, Falls 6 Percent in Debut

A Jersey Mike's banner adorns the New York Stock...

How Professionals Trade: Protecting Capital Before Chasing Returns

Commentary“It’s different this time.” Few phrases have cost investors...

Cory Morgan: For Conservatives, Unity May Be the Hardest Battle

CommentaryThe only certainties in life are death, taxes, and...

Canada Still Trades Like 13 Separate Countries

CommentaryCanada’s premiers raised a glass to internal trade last...