-14.8 C
Ottawa
Thursday, January 15, 2026

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

Trump Admin Sues California to Block Oil Drilling Setback Rule

US NewsA 2022 state law bars oil and gas...

How Major US Stock Indexes Fared Jan. 15

ArtBackground/ShutterstockStocks steadied on Wall Street.The S&P 500 rose 0.3...

X Restricts Groks Image Editing Function Amid Global Concerns

Illustration of generative AI chatbot Grok, in an undated...

Underwater Auto Trade-Ins Reach Record Highs: Edmunds

Used cars are for sale on a CarMax lot...